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Article 55 Payment as alternative to complying with order under Article 52

Original text. Later amendments are not shown.

(1)

An order under Article 52 may provide that instead of producing evidence under Article 52(2), a designated electricity supplier may discharge (in whole or in part) his renewables obligation (or his obligation in relation to a particular period) by making a payment to the Authority.

(2)

The order may make provision—

(a)

as to the sum which for the purposes of paragraph (1) is to correspond to the supply of a given amount of electricity;

(b)

for different such sums in relation to different periods;

(c)

for different such sums in relation to electricity generated in different ways specified in the order (such as those referred to in Article 53(1)(b) and (c)); and

(d)

for any such sum to be adjusted from time to time for inflation by a method specified in the order (which may refer to a specified scale or index or to other specified data of any description, including such a scale or index or such data in a form not current when the order was made, but in a subsequent form attributable to revision or any other cause and taking effect afterwards).

(3)

The Authority shall pay the amounts received to electricity suppliers in accordance with a system of allocation specified in the order.

(4)

The system of allocation specified in the order may provide for payments to specified categories of electricity supplier only.