F1SCHEDULE B1Setting the rate for section B1(1): Scotland

Annotations:

Transitional arrangements

28

1

A review under paragraph 1(1) of the position of there being no rate of return cannot cause the maintaining of that position, so in conducting such a review in relation to that position—

a

paragraphs 5(a) and 33(5)(a) are to be read as if referring to a rate of return of some sort, and

b

paragraphs 5(b) and 33(5)(b) are to be ignored.

2

On the question of a review under paragraph 1(1) of the position of there being no rate of return, see paragraph 1(3)(a)(ii).