# The Electricity and Gas (Energy Company Obligation) Order 2014, Article 30: Transfers of surplus actions


(1) Where—
(a) a supplier (“C”) has achieved a surplus action (“S”); and
(b) the Administrator has approved an application made in respect of S under article 27(5),
S may be regarded as achieved by another supplier (“D”) (“a transfer”) if that transfer is approved by the Administrator in accordance with this article.
(2) C and D must—
(a) apply for approval in writing to the Administrator by no later than 30th April 2017;
(b) provide to the Administrator such information as the Administrator may reasonably require; and
(c) indicate whether D intends S to be credited towards D’s—
(i) total carbon emissions reduction obligation;
(ii) total carbon saving community obligation; or
(iii) total home heating cost reduction obligation.
(3) The Administrator must approve a transfer unless—
(a) D has indicated that it intends S to be credited towards a different obligation to the one it is credited against at the time the application is made; and
(b) in a case where sub-paragraph (a) applies, the Administrator is not satisfied that S meets the applicable requirement in article 27(3)(c) in respect of that different obligation.
(4) If the Administrator decides not to approve a transfer under paragraph (3) it must notify C and D of the reasons for that decision.
(5) If a transfer is approved, S is treated as achieved by D and not C.

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Source: https://www.legislation.gov.uk/ukdsi/2014/9780111122297/article/30 (the official version)
Page: https://openlegislation.uk/draft-electricity-and-gas-energy-company-obligation-order-2014/article-30
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.