20(1)Unless it would be unreasonable having regard to paragraph 18(1), there is a presumption that the pitch fee is to increase or decrease by a percentage which is no more than any percentage increase or decrease in the consumer prices index calculated by reference only to—E+W
(a)the latest index, and
(b)the index published for the month which was 12 months before that to which the latest index relates.
(2)In sub-paragraph (1) “the latest index”—
(a)in a case where the owner serves a notice under paragraph 17(3), means the last index published before the day on which that notice is served, and
(b)in a case where the owner serves a notice under paragraph 17(8)(b) means the last index published before the day by which the owner was required to serve a notice under paragraph 17(3).
Commencement Information
I1Sch. 2 para. 20 in force at 1.10.2014 by S.I. 2014/11, art. 3(1)(d) (with art. 4)