Indexation. 14.1 The formula applicable to this paragraph 14 is: π π‘ = π π‘β1 β (1 + (πΆππΌπ‘β1βπΆππΌπ‘β2)) πΆππΌπ‘β2 where: Rt is the relevant value in the Relevant Year t; Rt-1 is the relevant value in the Relevant Year t-1; CPIt-1 means the CPI published or determined with respect to the month of November in Relevant Year t-1; and CPIt-2 means the CPI published or determined with respect to the month of November in Relevant Year t-2.
Appears in 11 contracts
Samples: www.orr.gov.uk, www.orr.gov.uk, www.orr.gov.uk
Indexation. 14.1 The formula applicable to this paragraph 14 is: π
οΏ½οΏ½ = π
οΏ½β1 οΏ½β1 β (1 + (πΆππΌπ‘β( β1ββ21βοΏ½οΏ½ππΌπ‘β2 β2)) πΆππΌπ‘β2 where: Rt is the relevant value in the Relevant Year t; Rt-1 is the relevant value in the Relevant Year t-1; CPIt-1 means the CPI published or determined with respect to the month of November in Relevant Year t-1; and CPIt-2 means the CPI published or determined with respect to the month of November in Relevant Year t-2.
Appears in 3 contracts
Samples: www.orr.gov.uk, www.orr.gov.uk, www.orr.gov.uk
Indexation. 14.1 The formula applicable to this paragraph 14 is: π
οΏ½οΏ½ = π
οΏ½οΏ½β1οΏ½ β (1 + (πΆππΌπ‘β1β1ββ2βοΏ½οΏ½ππΌπ‘β1 οΏ½ β2 β2)) πΆππΌπ‘β2 where: Rt is the relevant value in the Relevant Year t; Rt-1 is the relevant value in the Relevant Year t-1; CPIt-1 means the CPI published or determined with respect to the month of November in Relevant Year t-1; and CPIt-2 means the CPI published or determined with respect to the month of November in Relevant Year t-2.
Appears in 2 contracts
Samples: www.orr.gov.uk, www.orr.gov.uk
Indexation. 14.1 The formula applicable to this paragraph 14 is: π
π‘ = π
οΏ½οΏ½ββ’ 1 β (1 + (πΆππΌπ‘β1πΆππΌπ‘β1 β πΆ{ππ‘β2) βπΆππΌπ‘β2)) πΆππΌπ‘β2 where: Rt is the relevant value in the Relevant Year t; Rt-1 is the relevant value in the Relevant Year t-1; CPIt-1 means the CPI published or determined with respect to the month of November in Relevant Year t-1; and CPIt-2 means the CPI published or determined with respect to the month of November in Relevant Year t-2.
Appears in 2 contracts
Samples: www.orr.gov.uk, www.orr.gov.uk
Indexation. 14.1 The formula applicable to this paragraph 14 is: π
οΏ½οΏ½ = π
π‘ββ1 β’ 1 β (1 + (πΆππΌπ‘β1β1 β {β2βοΏ½οΏ½ππΌπ‘) β2 β2)) πΆππΌπ‘β2 where: Rt is the relevant value in the Relevant Year t; Rt-1 is the relevant value in the Relevant Year t-1; CPIt-1 means the CPI published or determined with respect to the month of November in Relevant Year t-1; and CPIt-2 means the CPI published or determined with respect to the month of November in Relevant Year t-2.
Appears in 2 contracts
Samples: www.orr.gov.uk, tfwrail.wales
Indexation. 14.1 The formula applicable to this paragraph 14 is: π
οΏ½οΏ½ = π
οΏ½β1 οΏ½β1 β (1 + (πΆππΌπ‘ββ1ββ21βοΏ½οΏ½ππΌπ‘β2 β2)) πΆππΌπ‘β2 where: Rt is the relevant value in the Relevant Year t; Rt-1 is the relevant value in the Relevant Year t-1; CPIt-1 means the CPI published or determined with respect to the month of November in Relevant Year t-1; and CPIt-2 means the CPI published or determined with respect to the month of November in Relevant Year t-2.
Appears in 2 contracts
Samples: www.orr.gov.uk, www.orr.gov.uk
Indexation. 14.1 The formula applicable to this paragraph 14 is: π
οΏ½οΏ½ = π
π‘ββ1 β’ 1 β (1 + (πΆππΌπ‘ββ1 β {β21βοΏ½οΏ½ππΌπ‘β2 β2)) πΆππΌπ‘β2 where: Rt is the relevant value in the Relevant Year t; Rt-1 is the relevant value in the Relevant Year t-1; CPIt-1 means the CPI published or determined with respect to the month of November in Relevant Year t-1; and CPIt-2 means the CPI published or determined with respect to the month of November in Relevant Year t-2.
Appears in 1 contract
Samples: tfwrail.wales
Indexation. 14.1 The formula applicable to this paragraph 14 is: π
οΏ½οΏ½ = π
π‘β1β1 β’ οΏ½ β (1 + (πΆππΌπ‘ββ1ββ21βπΆππΌπ‘οΏ½ β2 β2)) πΆππΌπ‘β2 where: Rt is the relevant value in the Relevant Year t; Rt-1 is the relevant value in the Relevant Year t-1; CPIt-1 means the CPI published or determined with respect to the month of November in Relevant Year t-1; and CPIt-2 means the CPI published or determined with respect to the month of November in Relevant Year t-2.
Appears in 1 contract
Samples: www.orr.gov.uk
Indexation. 14.1 The formula applicable to this paragraph 14 is: π
οΏ½οΏ½ = π
π‘β1β1 β’ οΏ½ β (1 + (πΆππΌπ‘β1β1 β {β2βοΏ½οΏ½ππΌπ‘οΏ½ β2 β2)) πΆππΌπ‘β2 where: Rt is the relevant value in the Relevant Year t; Rt-1 is the relevant value in the Relevant Year t-1; CPIt-1 means the CPI published or determined with respect to the month of November in Relevant Year t-1; and CPIt-2 means the CPI published or determined with respect to the month of November in Relevant Year t-2.
Appears in 1 contract
Samples: www.orr.gov.uk
Indexation. 14.1 The formula applicable to this paragraph 14 is: π
οΏ½οΏ½ = π
οΏ½β1 οΏ½β1οΏ½ β (1 + (πΆππΌπ‘β1β1ββ2βοΏ½οΏ½ππΌπ‘οΏ½ β2 β2)) πΆππΌπ‘β2 where: Rt is the relevant value in the Relevant Year t; Rt-1 is the relevant value in the Relevant Year t-1; CPIt-1 means the CPI published or determined with respect to the month of November in Relevant Year t-1; and CPIt-2 means the CPI published or determined with respect to the month of November in Relevant Year t-2.
Appears in 1 contract
Samples: www.orr.gov.uk
Indexation. 14.1 The formula applicable to this paragraph 14 is: π
π‘ = π
π‘β1 β (1 + (πΆππΌπ‘β1βοΏ½πΆππΌπ‘β1βπΆππΌπ‘β2))β οΏ½ππΌπ‘β2)) πΆππΌπ‘β2 where: Rt is the relevant value in the Rt;β elevant Year t; Rt-1 is the relevant value in the Relt-1;β evant Year t-1; CPIt-1 means the CPI published or determined with respect to the month of November in Relevanandβ t Year t-1; and CPIt-2 means the CPI published or determined with respect to the month of November in Ret-2.βlevant Year t-2.
Appears in 1 contract
Samples: www.orr.gov.uk
Indexation. 14.1 The formula applicable to this paragraph 14 is: π
π‘ = π
οΏ½οΏ½ββ’ 1 β (1 + (πΆππΌπ‘βπΆππΌπ‘β1 β πΆ{ππ‘β21βπΆππΌπ‘β2)) πΆππΌπ‘β2 where: Rt is the relevant value in the Relevant Year t; Rt-1 is the relevant value in the Relevant Year t-1; CPIt-1 means the CPI published or determined with respect to the month of November in Relevant Year t-1; and CPIt-2 means the CPI published or determined with respect to the month of November in Relevant Year t-2.
Appears in 1 contract
Samples: trc.cymru
Indexation. 14.1 The formula applicable to this paragraph 14 is: π
οΏ½οΏ½ = π
οΏ½οΏ½β1 β (1 + (πΆππΌπ‘β1( β1ββ2βοΏ½οΏ½ππΌπ‘β1 β2 β2)) πΆππΌπ‘β2 where: Rt is the relevant value in the Relevant Year t; Rt-1 is the relevant value in the Relevant Year t-1; CPIt-1 means the CPI published or determined with respect to the month of November in Relevant Year t-1; and CPIt-2 means the CPI published or determined with respect to the month of November in Relevant Year t-2.
Appears in 1 contract
Samples: www.orr.gov.uk
Indexation. 14.1 The formula applicable to this paragraph 14 is: π
π‘ = π
οΏ½οΏ½ββ’ 1 β (1 + (πΆππΌπ‘β1βπΆππΌπ‘β2)) πΆππΌπ‘β2 where: Rt is the relevant value in the Relevant Year t; Rt-1 is the relevant value in the Rel(πΆππΌπ‘β1 β πΆ{ππ‘β2) ) πΆππΌπ‘β2 evant Year t-1; CPIt-1 means the CPI published or determined with respect to the month of November in Relevant Year t-1; and CPIt-2 means the CPI published or determined with respect to the month of November in Relevant Year t-2.
Appears in 1 contract
Samples: www.orr.gov.uk