Paragraph 13 InterpretationF1

(1)

A CHP LEC is “reconciled” for the purposes of this Schedule only if–

(a)

it is the subject of a reconciliation span in relation to which the relevant Authority has performed its functions under paragraph 10(3), and

(b)

it is allocated, if required, in accordance with paragraph 11(2).

(2)

A CHP LEC the validity of which is restricted under paragraph 8(3) or 11(5) may be regarded as a restricted CHP LEC for the purposes of regulations 51I to 51M.

(3)

The CHP outputs record is relevant to a reconciliation day to the extent that it records (or is required to record) events taking place during the reconciliation span relating to that reconciliation day (see paragraphs 6, 10(1) and 10(2)).

(4)

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