http://www.legislation.gov.uk/uksi/1996/491/contents/made

The Gas (Street Works) (Compensation of Small Businesses) Regulations 1996

Business practice and regulation

Small businesses

Regulation and deregulation

King's Printer of Acts of Parliament

2015-03-10

GAS

These Regulations require a public gas transporter which executes street works which are not completed within 28 days to pay compensation for loss of turnover sustained by a small business (defined in regulation 3), during a specified period of at least 28 days, in consequence of the works, except where the compensation would be less than £500 or would not exceed 2½% of the annual turnover of the business. The amount of the compensation is the difference between the profit (or loss) which would have accrued to the business but for the works and the reduced profit (or increased loss) which is a consequence of the works. (Regulation 5(1), (2) and (3).)