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Part 2 Qualifying worldwide revenue for the purposes of Part 6 of the Act

Original text. Later amendments are not shown.

  1. 6Provider of a regulated service
  2. 7Provider of two or more regulated services
  3. 8Group undertakings in receipt of revenue that is referable to one or more regulated services
  4. 9Determination of qualifying period

Annotations

Footnotes

f1

When determining the maximum amount of a penalty under paragraph 4 of Schedule 13 to the Act, regulations 6 to 8 apply by virtue of paragraph 4(9) of that Schedule. In such a case, the qualifying worldwide revenue of a provider of a regulated service is required to be by reference to an accounting period. “Accounting period” is defined in paragraph 4(8) of Schedule 13 to the Act.