OpenLegislation

Paragraph 2 Calculation of turnover

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

Where a marketing authorisation or product licence holder sells or supplies products which he has neither manufactured nor obtained from the manufacturer, in relation to the calculation of turnover in any calendar year in accordance with the provisions of the succeeding paragraphs of this Part of this Schedule “manufacturer’s prices” shall mean the prices paid by, or on behalf of, the marketing authorisation or product licence holder for those products.