{"id":11906,"date":"2012-02-20T22:10:10","date_gmt":"2012-02-20T22:10:10","guid":{"rendered":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/?post_type=glossary&#038;p=11906"},"modified":"2012-02-20T22:10:10","modified_gmt":"2012-02-20T22:10:10","slug":"quarterly-1998-programme-amount","status":"publish","type":"glossary","link":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/glossary\/quarterly-1998-programme-amount\/","title":{"rendered":"Quarterly 1998 Programme Amount"},"content":{"rendered":"","protected":false},"template":"","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","inline_featured_image":false},"tags":[],"class_list":["post-11906","glossary","type-glossary","status-publish","hentry"],"acf":[],"semantic_search":{"post_id":11906,"title":"Quarterly 1998 Programme Amount","link":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/glossary\/quarterly-1998-programme-amount\/","categories":[],"tags":[],"content":"\n\n\n<div class=\"panel-content\">\n\t<p>The &#x201C;Quarterly 1998 Programme Amount&#x201D; (&#x2018;Q1998PA&#x2019;) in respect of each Quarter beginning on the BSC 1998 Start Date shall be the amount determined in accordance with the following formula:- Q1998PA = (PACL*r) \/ (1-(1+r)-L) where: r is the rate (expressed as a quarterly rate, and as a decimal value) determined by the Panel to be the time weighted average of the Base Rates prevailing during the preceding Quarter; L is the remaining part of the 1998 Programme Recovery Period (specified in Quarters) as at the beginning of the relevant Quarter; PACL is the remaining portion of the principal amount comprised in the Aggregate PES Recoverable Amount not recoverable in respect of previous Quarters; has the meaning given to that term in paragraph 1.2.1 of Annex D-5;<\/p>\n\n\t<\/div>","s3_url":""},"_links":{"self":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/glossary\/11906","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/glossary"}],"about":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/types\/glossary"}],"version-history":[{"count":0,"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/glossary\/11906\/revisions"}],"wp:attachment":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/media?parent=11906"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/tags?post=11906"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}