Common use of Ancillary Reference Services Clause in Contracts

Ancillary Reference Services. Subject to the approval of the Regulator, AGN will have the right to vary the Reference Tariffs for Ancillary Reference Services, initially on 1 July 2023, and thereafter annually during the Sixth Access Arrangement Period, on the basis of the following Reference Tariff Control Formula: where:

Ancillary Reference Services. Subject to the approval of the Regulator, AGN will have the right to vary the Reference Tariffs for Ancillary Reference Services, initially on 1 July 202320231 January 2018, and thereafter annually during the Sixth SixthFifth Access Arrangement Period, on the basis of the following Reference Tariff Control Formula: 𝐴𝑅𝑇𝑡 = 𝐴𝑅𝑇𝑡−1 × (1 + ∆𝐶𝑃𝐼𝑡) where: