# The Fossil Fuel Levy Regulations 1990, Paragraph 2: Method of calculating amount of any payment in respect of levy


In this Schedule the following symbols have the following meanings:
Ay is the aggregate of the total costs calculated in relation to each public electricity supplier in accordance with Part I of Schedule 3 in respect of period y;
By is the aggregate of the total costs calculated in relation to each public electricity supplier in accordance with Part II of Schedule 3 in respect of period y;
Cy is the amount of the administrative expenses of the Director attributable to the levy incurred in respect of period y;
Ey is the aggregate amount of all interest payments pursuant to regulation 29(1) in respect of period y less the aggregate amount of all interest payments pursuant to regulation 29(2) in respect of period y;
Fy is the aggregate amount of all inerest payments pursuant to regulation 30 received in period y;
Gy is the aggregate amount of levy or interest payments due in respect of period y which, in the opinion of the Director, will be either irrecoverable or recoverable only at excessive cost;
Xy is the aggregate amount (exclusive of levy and value added tax) charged (whether or not a bill or invoice has been delivered to a customer) by licensed suppliers for leviable electricity supplied by them in period y; and
Ky is the correction factor for y calculated in accordance with paragraph 5.

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Source: https://www.legislation.gov.uk/uksi/1990/266/schedule/2/paragraph/2 (the official version)
Page: https://openlegislation.uk/fossil-fuel-levy-regulations-1990/schedule-2/paragraph-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.