231 Duty of the PPP arbiter

231  Duty of the PPP arbiter

(1)     In giving in relation to a PPP agreement—

(a)     any direction under section 229(3) above, or

(b)     any guidance under section 230(2) above,

the PPP arbiter shall act in the way he considers best calculated to achieve the objectives specified in subsections (2) to (5) below.

(2)     The objective specified in this subsection is to ensure that an opportunity to review and amend the requirements imposed, or proposed to be imposed, on a PPP company by or under the PPP agreement in question is afforded to the appropriate relevant body if, in the opinion of the PPP arbiter, the proper price for the performance of those requirements exceeds the resources which that relevant

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