Article 17 Credit of excess actions
(1)
Not later than 16th May 2008, a supplier may apply to the Authority to credit towards its carbon emissions reduction obligation the reduction in carbon emissions achieved by excess action.
(2)
Excess action means the number of actions—
(a)
approved by the Authority under the 2004 Order; and
(b)
which exceeded that required by the supplier to meet its energy efficiency obligation under that Order.
(3)
The reduction in carbon emissions achieved by excess action must be determined in accordance with this Order.
(4)
The Authority must approve the application if it is satisfied that the supplier—
(a)
has met its energy efficiency obligation under the 2004 Order; and
(b)
has excess action.