2.—(1) Regulation 128A (transitional provision: section 73 of TCPA 1990 applications) of the Community Infrastructure Levy Regulations 2010 is amended in accordance with the following provisions.
(2) For paragraph (4) substitute—
“(4) For the purposes of calculating Y, regulation 40 applies as if—
(a)the index figure (Ip) for A were the index figure for the year in which B was granted;
(b)a reference to a relevant charging schedule were a reference to the charging schedule which was in effect—
(i)at the time B first permits development; and
(ii)in the area in which the development will be situated.”.