# The Competition Act 1998 (Determination of Turnover for Penalties) Order 2000, Paragraph 3: General

Extent: E+W+S+N.I.

The applicable turnover of an undertaking, other than a credit institution, financial institution, insurance undertaking, or an association of undertakings, shall be limited to the amounts derived by the undertaking from the sale of products and the provision of services falling within the undertaking’s ordinary activities ... after deduction of sales rebates, value added tax and other taxes directly related to turnover.

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Source: https://www.legislation.gov.uk/uksi/2000/309/schedule/paragraph/3 (the official version)
Page: https://openlegislation.uk/competition-act-1998-determination-of-turnover-for-penalties-order-2000/schedule/paragraph-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.