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Regulation 21 Calculation and payment of periodic support payments to participants

Original text. Later amendments are not shown.

(1)

Periodic support payments are payable for 15 years from the tariff start date.

(2)

Paragraph (1) is subject to—

(a)

regulation 8 (additional biomethane),

(b)

regulation 14 (review of registration following notification of a change in circumstances),

(c)

regulation 15 (change of producer of biomethane),

(d)

regulation 16 (withdrawal of participant),

(e)

regulation 29 (power to temporarily withhold periodic support payments to investigate alleged non-compliance),

(f)

regulation 30 (power to withhold periodic support payments: further provisions),

(g)

regulation 31 (power to reduce a participant’s periodic support payments),

(h)

regulation 32 (revocation of registration),

(i)

regulation 33 (power to correct the level of tariff being paid to a participant), and

(j)

regulation 34 (overpayment notices and offsetting).

(3)

Subject to regulation 4(9) (tariff guarantees), the tariff to be used for the purpose of calculating periodic support payments is—

(a)

for the period beginning with the tariff start date and ending with the end of the financial year in which that tariff start date falls, the initial tariff, and

(b)

for each subsequent financial year, the subsequent tariff.