# Transport Act 2000, Paragraph 20


(1) Paragraph 1 (interpretation) is amended as follows.
(2) In sub-paragraph (1), in the definition of “licence”, omit “by the occupier of those premises”.
(3) In that sub-paragraph, in the definition of “net proceeds”, for the words from “, means” to the end substitute
“and a financial year, means the amount (if any) by which—
(a) the amounts received under or in connection with the scheme which are attributable to the financial year, exceed
(b) the expenses incurred for or in connection with the scheme which are so attributable;”.
(4) In that sub-paragraph, omit the definition of “occupier”.
(5) In that sub-paragraph, in the definition of “regulations”, after “means” insert “ (except where otherwise provided) ”.
(6) For sub-paragraph (2) substitute—
“(2) For the purposes of this Schedule—
(a) the amounts received under or in connection with a licensing scheme, and
(b) the expenses incurred for or in connection with such a scheme,
and the extent to which they are attributable to any financial year, shall be determined in accordance with regulations under this sub-paragraph.”

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Source: https://www.legislation.gov.uk/ukpga/2000/38/schedule/13/paragraph/20 (the official version)
Page: https://openlegislation.uk/transport-act-2000/schedule-13/paragraph-20
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.