{
  "url": "https://openlegislation.uk/competition-act-1998-determination-of-turnover-for-penalties-order-2000/schedule/paragraph-5",
  "json_url": "https://openlegislation.uk/competition-act-1998-determination-of-turnover-for-penalties-order-2000/schedule/paragraph-5.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": "schedule/paragraph/5",
  "kind": "paragraph",
  "number": "5",
  "heading": "Credit institutions and financial institutions",
  "text": "The applicable turnover of a credit institution or financial institution shall be limited to the sum of the following income items listed in Council Directive (EEC) 86/635 received by ... that institution ... after deduction of value added tax and other taxes directly related to those items:\n(i) interest income and similar income;\n(ii) income from securities:\nincome from shares and other variable yield securities;\nincome from participating interests;\nincome from shares in affiliated undertakings;\n(iii) commissions receivable;\n(iv) net profit on financial operations;\n(v) other operating income.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in Sch. para. 5 substituted (1.5.2004) by The Competition Act 1998 (Determination of Turnover for Penalties) (Amendment) Order 2004 (S.I. 2004/1259), arts. 1, 2(4)(c)(i)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in Sch. para. 5 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(4)(c)(ii)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Words in Sch. para. 5 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(4)(c)(iii)"
    },
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. para. 5 in force at 1.3.2000, see art. 1(1)"
    },
    {
      "type": "footnote",
      "label": "f1",
      "text": "OJ No. L372, 31.12.86, p.1."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2000/309/schedule/paragraph/5",
    "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."
}