Calculation of the Initial Services Dwelling Charge
2.4. The Initial Monthly Service Dwelling Charge for each Contract Month (n) shall be calculated as follows:
IMSDCn = ∑ IARDCa/Da χ Dn + ∑ IALDCa/Da χ Dn | ||
IMSDCn | Initial Monthly Service Dwelling Charge for Contract Month (n) | |
IARDCa | ||
IALDC a | Initial Annual Leasehold Dwelling Charge for Contract Year (a) | |
Dn | The number of days in the Contract Month (n). | |
Da | the number of Days in the Contract Year (a) in which Month (n) occurs | |
∑ | the summation of the Dwellings which meet the Availability Standard (Initial) for Contract Month (n) | |