Recalculation factor: interpretation5.
(1)
In article 6, in relation to each class of hereditaments—
(a)
in any formula—
y is the relevant amount of water in relation to the period of 3 years ending immediately before the relevant preceding year;
Y, subject to article 6(3), is the relevant amount of water in relation to the period of 3 years ending on 31st March 1999;
Z is a number having the same value as y in the last foregoing year in relation to which the applicable recalculation factor for that class was determined in accordance with article 6(2); and
T has the same meaning as in the definition of “the standard formula” in article 2; and
(b)
“relevant amount of water” in relation to a relevant designated person and any period of 3 years means the annual average, over 3 years, expressed in megalitres to the nearest tenth part, calculated in accordance with the formula set out in paragraphs (2) and (3).
(2)
The formula referred to in paragraph (1)(b) is
where—
A is the estimated annual average amount of water put into supply by that person in the period of 3 years, being water supplied—
- (a)
to any other person in bulk, that is to say for the purposes of augmenting or constituting the supply to be given by that person; or
- (b)
otherwise,
less half the estimated annual average amount of non-potable water so supplied otherwise than in bulk; and
- (a)
B is half the annual average amount of water estimated to have been taken or supplied in bulk during that period of 3 years.
(3)
Where the relevant designated person did not supply water throughout any year in a period of 3 years, paragraphs (1) and (2) shall apply as if for the reference to the annual average over 3 years there were substituted a reference to the annual average over the number of years throughout which water was supplied; and for the purposes of this paragraph any temporary suspension of supply shall be disregarded.