Where Third Party Income is in excess of the Guaranteed Third Party Income, the Third Party Income Deduction allows the excess Third Party Income to be shared with the Authority.
_________________________________________________________________
13 The drafting in this paragraph assumes that Third Party Income is shared on an aggregate basis. An alternative approach is to have separate gain share arrangements for individual process outputs, such as processing of Third Party Waste (e.g. commercial waste and waste from other authorities), electricity and heat related sales and sales of other process outputs. If gain sharing is calculated on an individual process output basis then drafting in relation to each separate component will need to be developed.