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How are pitch fees calculated?

The Consumer Prices Index (CPI) adjustment is applied to a pitch fee review. It is calculated by using the last figure that was published, 28 days before the review date. For example, if the review date is 1 April 2014, the latest figure prior to 4 March will be used.

Note that this can mean old CPI figures are used if the review is late. For example, if the review date is 1 April, but the review is done late on 1 July, then the figure used will still be the one from 4 March (28 days before the review date of 1 April).


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