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Paragraph 3 Joining of undertakings with a group which is not required to register as a participant

Original text. Later amendments are not shown.

(1)

Sub-paragraph (2) applies to a group or undertaking (“C”) where the following change occurs in the post-qualification period—

(a)

C becomes a significant group undertaking as a member of another group (“D”); and

(b)

D is not required to register under article 24.

(2)

In respect of the change—

(a)

D must—

(i)

apply for registration as a participant in accordance with article 11; and

(ii)

when doing so notify the administrator that C is a member of D and when that occurred;

(b)

C must not apply for registration as a participant;

(c)

D is only a participant in respect of C; and

(d)

D must with the application for registration provide in respect of the qualification year the information in sub-paragraph (3).

(3)

The information referred to in sub-paragraph (2)—

(a)

a list of the settled half hourly meters which measured the supply of electricity to D and the identification numbers of those meters; and

(b)

in respect of the supply of electricity to D measured by settled half hourly meters and non-settled half hourly meters—

(i)

whether or not the supply equalled or exceeded 3000 MWh and, if it did, the amount of the supply; and

(ii)

if the supply equalled or exceeded 6000 MWh—

(aa)

why D was not required to register as a participant; and

(bb)

which deductions from a supply in section 4 and, if applicable, section 5 of Schedule 1 are applicable to the supply.