# Finance Act 2019, Paragraph 38


The “total activated TTH amount” held by the purchaser for a loss period which is the first activation period is the lower of—
(a) the amount by which, at the end of that period, the total decommissioning expenditure amount exceeds the total net profits amount (see paragraph 30), and
(b) the total TTH amount.

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Source: https://www.legislation.gov.uk/ukpga/2019/1/schedule/15/paragraph/38 (the official version)
Page: https://openlegislation.uk/finance-act-2019/schedule-15/paragraph-38
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.