Examples of First Relevant Year in a sentence
In the First Relevant Year (1 May 2005 to 31 December 2005) the fee shall be paid in the number of instalments determined by the Authority.
In the First Relevant Year (1 May to 31 December 2005) the fee shall be paid in the number of instalments determined by the Authority.
The Maximum Allowed Dispatch Revenue (MADISRt) shall be calculated according to the following formula: MADISRt = LDCt + SDt Where: LDCt in is the Notified Value provided by the Authority for the First Relevant Year of the price control.
Maximum Allowed Dhofar Transmission Revenue (MADTRt) shall be calculated according to the following formula: MADTRt = (dt + et * MTSDDt + ft * RUTDt) Where: dt, et and ft in the First Relevant Year are the Notified Values provided by the Authority.
In a Relevant Year after the First Relevant Year the value of the terms at, bt and ct shall be calculated from the following formulae: at = (at-1) (1+ CPIt – XMt)bt = (bt-1) (1+ CPIt – XMt) Where:ct = (ct-1) (1+ CPIt – XMt) CPIt in relation to a Relevant Year is the percentage change in the Omani Consumer Price Index in the twelve-month period ending on 30th June in the previous Relevant Year.