Abstract: The present invention is for an induction meter having a voltage and a current magnetic section. The voltage magnetic section is comprised of a substantially E-shaped laminated magnetic core having a center leg terminating at a main pole face and two adjacent legs terminating at coplanar auxiliary pole faces on opposite sides of the main pole face, and includes a spacer bracket located between a first side of the voltage magnetic core and a first voltage shunting member. The spacer bracket carries a self-aligned, light load adjustment assembly having a movable tab extending over portions of one of the auxiliary pole faces and the main pole face thereby providing an adjustable magnetic flux shunt path. A second voltage shunting member is located in magnetic proximity to the first side of the core and spaced from the first voltage shunting member by a nonmagnetic spacer.