Article 20 Transfers
A qualifying action achieved by a supplier (“A”) may be regarded as achieved by another supplier (“B”) (“a transfer”) if that transfer is approved by the Administrator.
A and B must—
apply for approval in writing to the Administrator by 31st March 2015;
provide to the Administrator such information, including the number and type of qualifying actions intended to be transferred, as the Administrator may reasonably require; and
indicate whether B intends the qualifying action to be credited towards B’s—
total carbon emissions reduction obligation;
total carbon saving community obligation; or
total home heating cost reduction obligation.
The Administrator must approve a transfer unless it has reasonable grounds to believe that, if the transfer were approved, A would not be able to achieve its—
total carbon emissions reduction obligation;
total carbon saving community obligation; or
total home heating cost reduction obligation.
If the Administrator decides not to approve a transfer under paragraph (3) it must notify A and B of the reasons for that decision.
If a transfer is approved, the qualifying action is treated as achieved by B and not A.