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Division 4.2 The amount of losses incurred on a national transmission system shall be established by calculating the difference between:

United Kingdom

Original text. Later amendments are not shown.

  1. 1..

    the amount of losses actually incurred on the transmission system during the relevant period; and

  2. 2..

    the estimated amount of losses on the transmission system which would have been incurred on the system during the relevant period if no transits of electricity had occurred.