{
  "url": "https://openlegislation.uk/public-service-vehicles-operators-licences-fees-amendment-regulations-2010/schedule/part-3/chapter-2",
  "json_url": "https://openlegislation.uk/public-service-vehicles-operators-licences-fees-amendment-regulations-2010/schedule/part-3/chapter-2.json",
  "legislation": "uksi/2010/457",
  "legislation_title": "The Public Service Vehicles (Operators’ Licences) (Fees) (Amendment) Regulations 2010",
  "legislation_url": "https://openlegislation.uk/public-service-vehicles-operators-licences-fees-amendment-regulations-2010",
  "path": "schedule/part/3/chapter/2",
  "kind": "chapter",
  "number": "Section B",
  "heading": "Deduction to be applied to the monthly rate, in accordance with regulation 3(4)(b)",
  "text": "The deduction to be applied to the monthly rate (“MR”), in accordance with regulation 3(4)(b), is calculated using the formula—\nD = (E ÷ M3) × N where—\nD is the amount by which the MR is to be reduced for the remainder of the period, after the effective date of the earlier refund;\nN has the same meaning as in regulation 3(1)(d);\nE is the earlier refund;\nM3 is the number of complete months which were taken into account, under regulation 4 of the principal Regulations (as they had effect before the coming into force of these Regulations) for the purposes of calculating E.\nIn the case of multiple earlier refunds, an additional deduction, calculated with the same formula, is to be made to MR, for each period beginning on the effective date of each earlier refund and ending on the last day of the relevant fee period.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2010/457/schedule/part/3/chapter/2",
    "retrieved_at": "2026-10-29T02:51:33.133084+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}