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Regulation 36 Transitional provisions: calculation and notification of initial rate of levy

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

The Secretary of State shall forthwith calculate a rate of levy applicable to the period commencing on 16th February 1996 and ending on 31st March 1997.

(2)

The rate of levy mentioned in paragraph (1) shall be calculated by applying the method set out in Schedule 2 to such estimates as the Secretary of State may have of the factors mentioned in that method.

(3)

As soon as he has calculated a rate of levy in accordance with paragraphs (1) and (2), the Secretary of State shall notify that rate of levy to licensed suppliers.

(4)

The Secretary of State shall also notify the rate of levy calculated in accordance with paragraphs (1) and (2) to any person to whom a licence under section 6(1)(c) or (2) of the Act is granted at any time before 1st April 1997.