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In accordance with paragraph A.2 of this Scheme, China Light will
give prompt written notice to Government, with copy to the other
companies, upon determination that a tariff adjustment is required
pursuant to this paragraph. Such adjustment shall become effective
on the first day of the third month following the end of the Base
Period.
Notwithstanding the foregoing, in order to provide a more suitable
relationship among the component rates, China Light shall have the
right, subject to prior consultation with Government in each case,
to adjust published tariffs from time to time, provided that the
estimated average revenue per unit sold is not thereby increased.
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4. Adjustment of Development Fund Element
An amount per unit sold will be included in China Light's tariffs
applicable to all classes of consumers to provide income for
establishment of the Development Fund Additions, if any, budgeted
for the Companies pursuant to paragraph C.2 of this Scheme. The
amount per unit sold to be included for this purpose upon commence-
ment of this Scheme shall be agreed among the Companies and the
Government based upon the financing plans submitted by the Companies
pursuant to said paragraph C.2. Such amount shall be established
with a view to minimizing short term or year-to-year fluctuations
in tariff charges, while at the same time assuring that funds as
planned are available, from this source. The amounts agreed shall
be subject to review and possible adjustment each time revised
financing plans are submitted to Government in accordance with said