OpenLegislation

Paragraph 1

Original text. Later amendments are not shown.

A CRTS participant may be treated as a low-volume CRTS participant, and a VRTS participant may be treated as a low-volume VRTS participant, in accordance with Part 2 or 3 of this Schedule if—

(a)

the participant is not part of a group of connected manufacturers;

(b)

the participant is a pool CRTS participant or a pool VRTS participant, as the case may be; or

(c)

the participant is part of a group of connected manufacturers, but it operates its own production facility and design centre, within the meaning of paragraph 2.