Article 6 Recalculation factor — interpretation

(1)

In articles 7 and 8, in any formula—

(a)

F is the figure calculated in accordance with the formula—

\frac{g - G}{G,}

where—

- g is the estimated annual average number of millions of net tonne-kilometres of revenue-earning freight carried on the railways of the relevant designated person in the period of three years ending on 31st March in the relevant preceding year; and
- G, subject to article 7(4), is the estimated annual average number of millions of net tonne-kilometres of revenue-earning freight carried on those railways in the period of three years ending on 31st March 1995,
calculated to the nearest tenth part of a million;

(b)

P is the figure calculated in accordance with the formula—

\frac{j - J}{J,}

where—

- j is the estimated annual average number of millions of passenger kilometres undertaken on the railways of the relevant designated person in the period of three years ending on 31st March in the relevant preceding year; and
- J, subject to articles 7(4) and 8(4), is the estimated annual average number of such passenger kilometres in the period of three years ending on 31st March 1995,
calculated to the nearest tenth part of a million; and

(c)

T has the same meaning as in the definition of the standard formula in article 2.

(2)

In regulations 7 and 8, “designated person” means Railtrack PLC, the British Railways Board or London Underground Limited and in relation to any hereditament or hereditaments “relevant designated person” means the person who is designated in respect thereof by regulation 5(1) of the Central Rating Lists Regulations 1994.

(3)

Where in any year the provision of a railway service by a designated person has been temporarily interrupted, any estimate required to be made for the purposes of this Order in relation to that person shall be made as if during the period of the interruption a normal service had been maintained.