{
  "url": "https://openlegislation.uk/competition-act-1998-determination-of-turnover-for-penalties-order-2000/article-2",
  "json_url": "https://openlegislation.uk/competition-act-1998-determination-of-turnover-for-penalties-order-2000/article-2.json",
  "legislation": "uksi/2000/309",
  "legislation_title": "The Competition Act 1998 (Determination of Turnover for Penalties) Order 2000",
  "legislation_url": "https://openlegislation.uk/competition-act-1998-determination-of-turnover-for-penalties-order-2000",
  "path": "article/2",
  "kind": "article",
  "number": "2",
  "heading": "Interpretation",
  "text": "(1) In this Order:\n“the Act” means the Competition Act 1998;\n“applicable turnover” means the turnover of an undertaking for a business year determined in accordance with the Schedule to this Order; and where a business year does not equal 12 months the applicable turnover shall be the amount which bears the same proportion to the applicable turnover during that business year as 12 months does to that period;\n“business year” means a period of more than six months in respect of which an undertaking publishes accounts or, if no such accounts have been published for the period, prepares accounts;\n...",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in art. 2(1) cease to have effect (1.5.2004) by virtue of The Competition Act 1998 (Determination of Turnover for Penalties) (Amendment) Order 2004 (S.I. 2004/1259), arts. 1, 2(2)"
    },
    {
      "type": "I",
      "label": "I1",
      "text": "Art. 2 in force at 1.3.2000, see art. 1(1)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2000/309/article/2",
    "retrieved_at": "2026-10-29T09:21:09.074882+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}