{
  "url": "https://openlegislation.uk/concession-contracts-scotland-regulations-2016/regulation-8A",
  "json_url": "https://openlegislation.uk/concession-contracts-scotland-regulations-2016/regulation-8A.json",
  "legislation": "ssi/2016/65",
  "legislation_title": "The Concession Contracts (Scotland) Regulations 2016",
  "legislation_url": "https://openlegislation.uk/concession-contracts-scotland-regulations-2016",
  "path": "regulation/8A",
  "kind": "regulation",
  "number": "8A",
  "heading": "Review and amendment of the threshold in regulation 8(1)",
  "text": "(1) Every two years the Scottish Ministers must review the threshold specified in regulation 8(1) to verify whether it corresponds with the threshold established in the GPA for works concessions.\n(2) The Scottish Ministers must do so by calculating the sterling value of the threshold on the basis of the average daily value of sterling in terms of the special drawing rights mentioned in the GPA over a period of 24 months ending with 31 August.\n(3) The Scottish Ministers must make that calculation using the applicable conversion rates in the monthly International Financial Statistics published from time to time by the International Monetary Fund.\n(4) If the sterling value of the threshold so calculated differs from the sum for the time being set by regulation 8(1) in respect of the threshold, the Scottish Ministers must make regulations amending regulation 8(1) so as to substitute for that sum the sum equal to that value.\n(5) Such regulations—\n(a) must be made and laid before the Scottish Parliament before 1 November following the end of the 24 month period covered by the review, and\n(b) must provide for the substitution to come into force on the following 1 January.\n(6) The first review under this regulation must relate to the 24 month period ending with 31 August 2021.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Reg. 8A inserted (31.12.2020) by The Public Procurement etc. (EU Exit) (Scotland) (Amendment) Regulations 2020 (S.S.I. 2020/468), regs. 1(2), 8(6) (with sch. paras. 1-5)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ssi/2016/65/regulation/8A",
    "retrieved_at": "2026-10-28T21:25:18.459135+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."
}