First Relevant Year means the Relevant Year beginning on 1 January 2018

First Relevant Year means the Relevant Year beginning effective on 1January 202218 and ending on 31 December 202218;

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.

More Definitions of First Relevant Year

First Relevant Year means the Relevant Year beginning on 1 January 2019

First Relevant Year means the Relevant Year beginning on 1 May 2005 and ending 31st December 2005;

First Relevant Year means the period of 12 months beginning on the effective date of this Decision;

First Relevant Year means the financial year commencing on 1 April 2002;

First Relevant Year means the financial year commencing on 1 April 1997;

First Relevant Year means the Relevant Year effective on 1 January 2022

First Relevant Year means the Relevant Year beginning on 1 May 2018