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Regulation 48 Changes in ownership of accredited domestic plants

Original text. Later amendments are not shown.

(1)

This regulation applies where a participant transfers ownership of all or part of an accredited domestic plant to another person (“the new owner”).

(2)

Once the Authority becomes aware of the transfer of ownership, no RHI payment may be made until—

(a)

the new owner has notified the Authority of the change in ownership and has confirmed, if the plant is owned by more than one person, that they have the authority from all owners to be the new participant; and

(b)

the Authority has taken the steps set out in paragraph (5).

(3)

On receipt of a notification under paragraph (2), the Authority may—

(a)

require the new owner to provide such of the information specified in Schedule 4 and any declarations as the Authority considers necessary for the proper administration of the domestic RHI scheme; and

(b)

review the accreditation of the accredited domestic plant to ensure that it continues to meet the eligibility criteria.

(4)

In carrying out the review referred to in paragraph (3)(b) the Authority may, in order to satisfy itself that the accredited domestic plant continues to meet the eligibility criteria, take any of the steps set out in regulation 18.

(5)

Where the Authority is satisfied that the accredited domestic plant continues to meet the eligibility criteria or has decided not to carry out a review it must—

(a)

update the central register; and

(b)

send the new owner a statement of eligibility setting out the information specified in regulation 21(1)(e).

(6)

If the Authority becomes aware of the transfer of ownership and, within a period of 12 months from the transfer of ownership of the accredited domestic plant taking effect,—

(a)

no notification is made by the new owner in accordance with paragraph (2)(a); or

(b)

any information required under paragraph (3)(a) is not provided to the Authority,

the plant shall on the expiry of that period cease to be an accredited domestic plant and accordingly no further RHI payments are to be paid for the plant.

(7)

The period specified in paragraph (6) may be extended by the Authority where the Authority considers it is just and equitable to do so.

(8)

Subject to paragraph (9) and Part 10, RHI payments are calculated from the date of completion of the steps set out in paragraph (5) for the remainder of the tariff lifetime of that accredited domestic plant.

(9)

Where—

(a)

a transfer of ownership of all or part of an accredited domestic plant takes place; and

(b)

that accredited domestic plant is then owned by more than one person,

the Authority may require any person claiming to have the authority from all owners to be the new participant to provide to the Authority, in such manner and form as the Authority may request, evidence of this authority.