52Overview of Part

#### 52 Overview of Part (1) This Part deals with the modulation process. In this process, unmodulated credits, other than unmodulated uncapped production credits and unmodulated type J investment credits, are modulated and the amount of modulated credit to be issued to participants is worked out. (2) Division 2 sets out caps on the scheme and each participant. These caps are taken into account in the modulation process. (3) Division 3 provides for the making by the Minister of modulation guidelines under which modulation takes place. (4) Division 4 deals with the modulation process for MVPs. (5) Division 5 deals with the modulation process for ACPs, AMTPs and ASPs.