50. THIRD PARTY INCOME97
Guidance drafting (see Section 4 of Defra Derogations Guidance) as follows:
50.1 The provisions of paragraph 9 of Schedule 4 (Payment Mechanism) shall apply in respect of Third Party Income.
50.2 In the event that pursuant to the terms of this Contract the Authority is required to compensate the Contractor for lost Third Party Income the level of compensation payable shall be assessed on the basis set out in Clause 33.7 (Compensation for loss of Third Party Income) or paragraph 6 (Principles relating to Third Party Income) of Schedule 19 (Revision of Base Case and Custody) as the case may be.
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97 Authorities should refer to guidance in Section 4 (Third Party Income) of the Defra Derogations Guidance.