22Credits for not charging the maximum price

22 Credits for not charging the maximum price

(1) Subject to subclauses 22(2) and (3), if the value of the price movement of: (a) the first basket of services; or (b) the second basket of services; or (c) the third basket of services; or (d) the fourth basket of services; over a price‑cap period is less than the price‑cap (as varied in accordance with this Determination) for the relevant basket in the price‑cap period, the price‑cap for that basket in the next following price‑cap period is taken to be increased by the unused part of the first‑mentioned price‑cap. (2) Subclause (1) does not apply if the value of the price movement of: (a) the first basket of services; or (b) the second basket of services; or (c) the third basket of services; over the 2014/2015 financial year is less than the price‑cap for the relevant basket in that financial year. (3) For the avoidance of doubt, subclause (1) does not apply if the value of the price movement of any connection service product referred to in column 2 of the table at Schedule 3 over the 2013/2014 financial year or the 2014/2015 financial year is less than the applicable price‑cap for the relevant connection service product in that financial year.