# Commission Regulation (EU) 2017/460 of 16 March 2017 establishing a network code on harmonised transmission tariff structures for gas (Text with EEA relevance), Article 18: Under- and over-recovery

Extent: E+W+S+N.I.

1. The under- or over-recovery of the transmission services revenue shall be equal to:
RA – R
Where:
RA is the actually obtained revenue related to the provision of transmission services;
R is the transmission services revenue.
The values of RA and R shall be attributed to the same tariff period and, where an effective inter-transmission system operator compensation mechanism referred to in Article 10(3) is established, shall take such mechanism into account.
2. Where the difference calculated in accordance with paragraph 1 is positive, it shall indicate an over-recovery of the transmission services revenue. Where such difference is negative, it shall indicate an under-recovery of the transmission services revenue.

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Source: https://www.legislation.gov.uk/eur/2017/460/article/18 (the official version)
Page: https://openlegislation.uk/eu-regulation-2017-460/article-18
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.