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Paragraph 12 Monitoring and balancing obligationF1

(1)

The CHP outputs record must never show or indicate as respects a reconciliation span–

(a)

a deficit of unrestricted CHP LECs in relation to the total quantity of QPO electricity identified in the record pursuant to paragraph 3(2)(a) and 3(2)(b) (self-supplies and supplies to consumers);

(b)

a deficit of unrestricted plus restricted CHP LECs in relation to the total quantity of QPO electricity identified pursuant to paragraph 3(2)(a), 3(2)(b) and 3(2)(c) (self-supplies, supplies to consumers and supplies to others).

(2)

Each deficit representing 1 MWh shall be regarded as a separate breach of this paragraph for the purposes of regulation 60(1)(hb) (penalties).

(3)

Paragraph (1) has effect subject to paragraphs 3(4), 3(5), 11(2) and 11(5).

(4)

Paragraph (1) continues to apply after a CHP LEC is reconciled (see paragraph 13(1)).

Annotations

Textual amendments

F1

Sch. 2 inserted (1.4.2003) by The Climate Change Levy (General) (Amendment) Regulations 2003 (S.I. 2003/604), regs. 1, 22