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Paragraph 1 Initial calculations

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The following are to be calculated by 15th July 2023—

(a)

the Population Exposure Indicator for the baseline period (“PEIbase”);

(b)

the Population Exposure Indicator for each of the years 2019, 2020, 2021 and 2022;

(c)

the Reference Indicator for each of the years 2019, 2020, 2021 and 2022;

(d)

Δ for each of the years 2019, 2020, 2021 and 2022, where “Δ”, for a year, means the amount by which the Population Exposure Indicator for that year is greater or less than the Reference Indicator for that year.