# The Climate Change Agreements (Administration) Regulations 2012, Regulation 13: Cancellation of surplus used to meet targets

Extent: E+W+S+N.I.

(1) The administrator must deduct any surplus recorded on an account as soon as reasonably practicable after it has served a notice as mentioned in regulation 12(2)(b).
(2) The deduction of the surplus does not affect the amount of any surplus used in the calculation of the fee under regulation 12(2)(c).

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Source: https://www.legislation.gov.uk/uksi/2012/1976/regulation/13 (the official version)
Page: https://openlegislation.uk/climate-change-agreements-administration-regulations-2012/regulation-13
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.