49.1  Revenue Sharing

Within one (1) Month of the end of each Payment Year the Service Provider shall, in writing, inform the Authority what the Revenue Sharing Equity IRR figure was for the period starting on the Service Commencement Date and ending on the final day of the previous Payment Year.  If the Revenue Sharing Equity IRR, at any time during the Service Period exceeds [♦]30 per cent ([♦%]), then the Authority shall be entitled to [♦]31 per cent ([♦]%) of the excess.  The total of the excess amounts to which the Authority is entitled in accordance with this clause 49.1 shall be known as the Authority Revenue Share.

__________________________________________________________________________________________________

30  To be bid back by the Bidders.

31  To be bid back by the Bidders.