Regulation 9 PaymentsI1

United Kingdom

(1)

Payments under these Regulations must be made into a bank account nominated—

(a)

for allowances, by the Secretary of State; and

(b)

for fees under regulation 8, by the Environment Agency.

(2)

Payments under these Regulations must be—

(a)

made by electronic transfer from an account with a credit institution;

(b)

accompanied by information which identifies the account holder making the payment; and

(c)

in sterling.

F1(2A)

Payments under these Regulations may not be made by credit card.

(3)

Payment is deemed to have been made for allowances when the Secretary of State receives cleared funds.

(4)

Payment is deemed to have been made for fees when the Environment Agency receives cleared funds.

(5)

In this regulation “credit institution” means—

(a)

an institution which has permission under Part 4A of the Financial Services and Markets Act 2000^f1 to carry on the regulated activity of accepting deposits (within the meaning of section 22 of that Act, taken with Schedule 2 and any order under section 22) or a person authorised to carry on similar activities under the law of a country other than the United Kingdom; or

(b)

an electronic money institution as defined by article 2 of Directive 2009/110/EC of the European Parliament and of the Council on the taking up, pursuit and prudential supervision of the business of electronic money institutions amending Directives 2005/60/EC and 2006/48/EC and repealing Directive 2000/46/EC^f2.

F2(6)

In this regulation “credit card” means a card which is a credit-token within the meaning of section 14 of the Consumer Credit Act 1974.

Annotations

Textual amendments

F1: Reg. 9(2A) inserted (1.4.2015) by The CRC Energy Efficiency Scheme (Allocation of Allowances for Payment) (Amendment) (No. 2) Regulations 2014 (S.I. 2014/3262), regs. 1, 2(3)(a)
F2: Reg. 9(6) inserted (1.4.2015) by The CRC Energy Efficiency Scheme (Allocation of Allowances for Payment) (Amendment) (No. 2) Regulations 2014 (S.I. 2014/3262), regs. 1, 2(3)(b)

Commencement

I1: Reg. 9 in force at 1.2.2014, see reg. 1

Footnotes

f1: 2000 c.8. Part 4A was inserted by the Financial Services Act 2012.
f2: O.J. No.L.267, 10.10.2009, p.7.