14ASetting of methodology for fixing prices

#### 14A Setting of methodology for fixing prices 14A Setting of methodology for fixing prices > > (1) A determination of the Tribunal of the methodology for fixing the price for a government monopoly service may be made in any manner the Tribunal considers appropriate, including, for example, by reference to maximum revenue, or a maximum rate of increase or minimum rate of decrease in maximum revenue, for a number of categories of the service concerned. > > > (2) In making such a determination, the Tribunal may have regard to such matters as it considers appropriate, including, for example, the following— > > > > > (a) the government agency’s economic cost of production, > > > > > (b) past, current or future expenditures in relation to the government monopoly service, > > > > > (c) charges for other monopoly services provided by the government agency, > > > > > (d) economic parameters, such as— > > > > > > > (i) discount rates, or > > > > > > > (ii) movements in a general price index (such as the Consumer Price Index), whether past or forecast, > > > > > (e) a rate of return on the assets of the government agency, > > > > > (f) a valuation of the assets of the government agency, > > > > > (g) the need to maintain ecologically sustainable development (within the meaning of section 6 of the [Protection of the Environment Administration Act 1991](/view/html/inforce/current/act-1991-060)) by appropriate pricing policies that take account of all the feasible options available to protect the environment, > > > > > (h) the need to promote competition in the supply of the service concerned, > > > > > (i) considerations of demand management (including levels of demand) and least cost planning. > > > (3) In any report of such a determination, the Tribunal must indicate what regard it has had to the matters set out in subsection (2) in reaching that determination. > > **s 14A:** Ins 1994 No 88, Sch 6 (5). Am 1995 No 97, Sch 1 (13)–(15); 2000 No 60, Sch 3.1 \[14\].