{
  "url": "https://openlegislation.uk/draft-nuclear-regulated-asset-base-model-revenue-collection-regulations-2023",
  "json_url": "https://openlegislation.uk/draft-nuclear-regulated-asset-base-model-revenue-collection-regulations-2023.json",
  "id": "ukdsi/2023/9780348242676",
  "title": "The Nuclear Regulated Asset Base Model (Revenue Collection) Regulations 2023",
  "short_title": "Nuclear Regulated Asset Base Model (Revenue Collection) 2023",
  "long_title": "These Regulations impose a number of obligations on persons who supply electricity in Great Britain pursuant to an electricity supply licence (granted by the Gas and Electricity Markets Authority under section 6 of the Electricity Act 1989). Those obligations principally consist of requirements to make payments to the revenue collection counterparty, a person who is designated as such under section 15 of the Nuclear Energy (Financing) Act 2022 (“the 2022 Act”). The payments are made to enable the revenue collection counterparty to meet its costs, which include the costs it incurs in meeting obligations it has under revenue collection contracts. The counterparty is also, in some circumstances, required to make payments to electricity suppliers.",
  "citation": "Draft 2023, ISBN 9780348242676",
  "type": "ukdsi",
  "year": "2023",
  "number": "9780348242676",
  "version": "current",
  "date": null,
  "revised": false,
  "valid_from": null,
  "extent": null,
  "unapplied_effects": 0,
  "provisions": [
    {
      "path": "introduction",
      "kind": "introduction",
      "number": null,
      "heading": "Introductory text",
      "url": "https://openlegislation.uk/draft-nuclear-regulated-asset-base-model-revenue-collection-regulations-2023/introduction",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "part/1",
      "kind": "part",
      "number": "1",
      "heading": "Introduction",
      "url": null,
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/1",
      "kind": "regulation",
      "number": "1",
      "heading": "Citation, commencement and extent",
      "url": "https://openlegislation.uk/draft-nuclear-regulated-asset-base-model-revenue-collection-regulations-2023/regulation-1",
      "extent": null,
      "status": null,
      "parent": "part/1"
    },
    {
      "path": "regulation/2",
      "kind": "regulation",
      "number": "2",
      "heading": "Interpretation",
      "url": "https://openlegislation.uk/draft-nuclear-regulated-asset-base-model-revenue-collection-regulations-2023/regulation-2",
      "extent": null,
      "status": null,
      "parent": "part/1"
    },
    {
      "path": "part/2",
      "kind": "part",
      "number": "2",
      "heading": "Supplier obligation",
      "url": null,
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "part/2/chapter/1",
      "kind": "chapter",
      "number": "1",
      "heading": "The supplier obligation",
      "url": null,
      "extent": null,
      "status": null,
      "parent": "part/2"
    },
    {
      "path": "regulation/3",
      "kind": "regulation",
      "number": "3",
      "heading": "The supplier obligation",
      "url": "https://openlegislation.uk/draft-nuclear-regulated-asset-base-model-revenue-collection-regulations-2023/regulation-3",
      "extent": null,
      "status": null,
      "parent": "part/2/chapter/1"
    },
    {
      "path": "regulation/4",
      "kind": "regulation",
      "number": "4",
      "heading": "RCC period contribution",
      "url": "https://openlegislation.uk/draft-nuclear-regulated-asset-base-model-revenue-collection-regulations-2023/regulation-4",
      "extent": null,
      "status": null,
      "parent": "part/2/chapter/1"
    },
    {
      "path": "part/2/chapter/2",
      "kind": "chapter",
      "number": "2",
      "heading": "Interim daily levy",
      "url": null,
      "extent": null,
      "status": null,
      "parent": "part/2"
    },
    {
      "path": "regulation/5",
      "kind": "regulation",
      "number": "5",
      "heading": "Setting the interim levy rate",
      "url": "https://openlegislation.uk/draft-nuclear-regulated-asset-base-model-revenue-collection-regulations-2023/regulation-5",
      "extent": null,
      "status": null,
      "parent": "part/2/chapter/2"
    },
    {
      "path": "regulation/6",
      "kind": "regulation",
      "number": "6",
      "heading": "Estimated cost, income & electricity supply",
      "url": "https://openlegislation.uk/draft-nuclear-regulated-asset-base-model-revenue-collection-regulations-2023/regulation-6",
      "extent": null,
      "status": null,
      "parent": "part/2/chapter/2"
    },
    {
      "path": "regulation/7",
      "kind": "regulation",
      "number": "7",
      "heading": "Interim rate payments",
      "url": "https://openlegislation.uk/draft-nuclear-regulated-asset-base-model-revenue-collection-regulations-2023/regulation-7",
      "extent": null,
      "status": null,
      "parent": "part/2/chapter/2"
    },
    {
      "path": "regulation/8",
      "kind": "regulation",
      "number": "8",
      "heading": "Data reconciliation of interim rate payments",
      "url": "https://openlegislation.uk/draft-nuclear-regulated-asset-base-model-revenue-collection-regulations-2023/regulation-8",
      "extent": null,
      "status": null,
      "parent": "part/2/chapter/2"
    },
    {
      "path": "part/2/chapter/3",
      "kind": "chapter",
      "number": "3",
      "heading": "Payments for reserve",
      "url": null,
      "extent": null,
      "status": null,
      "parent": "part/2"
    },
    {
      "path": "regulation/9",
      "kind": "regulation",
      "number": "9",
      "heading": "Reserve payments",
      "url": "https://openlegislation.uk/draft-nuclear-regulated-asset-base-model-revenue-collection-regulations-2023/regulation-9",
      "extent": null,
      "status": null,
      "parent": "part/2/chapter/3"
    },
    {
      "path": "regulation/10",
      "kind": "regulation",
      "number": "10",
      "heading": "Individual suppliers’ reserve amounts",
      "url": "https://openlegislation.uk/draft-nuclear-regulated-asset-base-model-revenue-collection-regulations-2023/regulation-10",
      "extent": null,
      "status": null,
      "parent": "part/2/chapter/3"
    },
    {
      "path": "part/2/chapter/4",
      "kind": "chapter",
      "number": "4",
      "heading": "Adjustments to interim rate and additional reserve payments",
      "url": null,
      "extent": null,
      "status": null,
      "parent": "part/2"
    },
    {
      "path": "regulation/11",
      "kind": "regulation",
      "number": "11",
      "heading": "In period adjustments",
      "url": "https://openlegislation.uk/draft-nuclear-regulated-asset-base-model-revenue-collection-regulations-2023/regulation-11",
      "extent": null,
      "status": null,
      "parent": "part/2/chapter/4"
    },
    {
      "path": "regulation/12",
      "kind": "regulation",
      "number": "12",
      "heading": "Adjusted interim levy rate",
      "url": "https://openlegislation.uk/draft-nuclear-regulated-asset-base-model-revenue-collection-regulations-2023/regulation-12",
      "extent": null,
      "status": null,
      "parent": "part/2/chapter/4"
    },
    {
      "path": "regulation/13",
      "kind": "regulation",
      "number": "13",
      "heading": "Additional total reserve amount",
      "url": "https://openlegislation.uk/draft-nuclear-regulated-asset-base-model-revenue-collection-regulations-2023/regulation-13",
      "extent": null,
      "status": null,
      "parent": "part/2/chapter/4"
    },
    {
      "path": "regulation/14",
      "kind": "regulation",
      "number": "14",
      "heading": "Determination of reduced total reserve amount",
      "url": "https://openlegislation.uk/draft-nuclear-regulated-asset-base-model-revenue-collection-regulations-2023/regulation-14",
      "extent": null,
      "status": null,
      "parent": "part/2/chapter/4"
    },
    {
      "path": "part/2/chapter/5",
      "kind": "chapter",
      "number": "5",
      "heading": "Reconciliation payments",
      "url": null,
      "extent": null,
      "status": null,
      "parent": "part/2"
    },
    {
      "path": "regulation/15",
      "kind": "regulation",
      "number": "15",
      "heading": "Reconciliation payments",
      "url": "https://openlegislation.uk/draft-nuclear-regulated-asset-base-model-revenue-collection-regulations-2023/regulation-15",
      "extent": null,
      "status": null,
      "parent": "part/2/chapter/5"
    },
    {
      "path": "regulation/16",
      "kind": "regulation",
      "number": "16",
      "heading": "Determination of reconciliation payments",
      "url": "https://openlegislation.uk/draft-nuclear-regulated-asset-base-model-revenue-collection-regulations-2023/regulation-16",
      "extent": null,
      "status": null,
      "parent": "part/2/chapter/5"
    },
    {
      "path": "part/2/chapter/6",
      "kind": "chapter",
      "number": "6",
      "heading": "Mutualisation",
      "url": null,
      "extent": null,
      "status": null,
      "parent": "part/2"
    },
    {
      "path": "regulation/17",
      "kind": "regulation",
      "number": "17",
      "heading": "Mutualisation",
      "url": "https://openlegislation.uk/draft-nuclear-regulated-asset-base-model-revenue-collection-regulations-2023/regulation-17",
      "extent": null,
      "status": null,
      "parent": "part/2/chapter/6"
    },
    {
      "path": "regulation/18",
      "kind": "regulation",
      "number": "18",
      "heading": "Repayment of mutualised amounts",
      "url": "https://openlegislation.uk/draft-nuclear-regulated-asset-base-model-revenue-collection-regulations-2023/regulation-18",
      "extent": null,
      "status": null,
      "parent": "part/2/chapter/6"
    },
    {
      "path": "part/2/chapter/7",
      "kind": "chapter",
      "number": "7",
      "heading": "Collateral",
      "url": null,
      "extent": null,
      "status": null,
      "parent": "part/2"
    },
    {
      "path": "regulation/19",
      "kind": "regulation",
      "number": "19",
      "heading": "Requirement to provide collateral",
      "url": "https://openlegislation.uk/draft-nuclear-regulated-asset-base-model-revenue-collection-regulations-2023/regulation-19",
      "extent": null,
      "status": null,
      "parent": "part/2/chapter/7"
    },
    {
      "path": "regulation/20",
      "kind": "regulation",
      "number": "20",
      "heading": "Appropriate letters of credit",
      "url": "https://openlegislation.uk/draft-nuclear-regulated-asset-base-model-revenue-collection-regulations-2023/regulation-20",
      "extent": null,
      "status": null,
      "parent": "part/2/chapter/7"
    },
    {
      "path": "regulation/21",
      "kind": "regulation",
      "number": "21",
      "heading": "Calling of collateral",
      "url": "https://openlegislation.uk/draft-nuclear-regulated-asset-base-model-revenue-collection-regulations-2023/regulation-21",
      "extent": null,
      "status": null,
      "parent": "part/2/chapter/7"
    },
    {
      "path": "regulation/22",
      "kind": "regulation",
      "number": "22",
      "heading": "Withdrawal of collateral and payment of interest",
      "url": "https://openlegislation.uk/draft-nuclear-regulated-asset-base-model-revenue-collection-regulations-2023/regulation-22",
      "extent": null,
      "status": null,
      "parent": "part/2/chapter/7"
    },
    {
      "path": "part/3",
      "kind": "part",
      "number": "3",
      "heading": "Operational costs",
      "url": null,
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/23",
      "kind": "regulation",
      "number": "23",
      "heading": "The operational costs levy",
      "url": "https://openlegislation.uk/draft-nuclear-regulated-asset-base-model-revenue-collection-regulations-2023/regulation-23",
      "extent": null,
      "status": null,
      "parent": "part/3"
    },
    {
      "path": "regulation/24",
      "kind": "regulation",
      "number": "24",
      "heading": "Repayment of excess",
      "url": "https://openlegislation.uk/draft-nuclear-regulated-asset-base-model-revenue-collection-regulations-2023/regulation-24",
      "extent": null,
      "status": null,
      "parent": "part/3"
    },
    {
      "path": "part/4",
      "kind": "part",
      "number": "4",
      "heading": "Miscellaneous",
      "url": null,
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "part/4/chapter/1",
      "kind": "chapter",
      "number": "1",
      "heading": "Enforcement and disputes",
      "url": null,
      "extent": null,
      "status": null,
      "parent": "part/4"
    },
    {
      "path": "regulation/25",
      "kind": "regulation",
      "number": "25",
      "heading": "Enforcement of requirements",
      "url": "https://openlegislation.uk/draft-nuclear-regulated-asset-base-model-revenue-collection-regulations-2023/regulation-25",
      "extent": null,
      "status": null,
      "parent": "part/4/chapter/1"
    },
    {
      "path": "regulation/26",
      "kind": "regulation",
      "number": "26",
      "heading": "Dispute notices",
      "url": "https://openlegislation.uk/draft-nuclear-regulated-asset-base-model-revenue-collection-regulations-2023/regulation-26",
      "extent": null,
      "status": null,
      "parent": "part/4/chapter/1"
    },
    {
      "path": "regulation/27",
      "kind": "regulation",
      "number": "27",
      "heading": "Determination of disputes",
      "url": "https://openlegislation.uk/draft-nuclear-regulated-asset-base-model-revenue-collection-regulations-2023/regulation-27",
      "extent": null,
      "status": null,
      "parent": "part/4/chapter/1"
    },
    {
      "path": "regulation/28",
      "kind": "regulation",
      "number": "28",
      "heading": "Duties of the revenue collection counterparty to enforce and notify",
      "url": "https://openlegislation.uk/draft-nuclear-regulated-asset-base-model-revenue-collection-regulations-2023/regulation-28",
      "extent": null,
      "status": null,
      "parent": "part/4/chapter/1"
    },
    {
      "path": "regulation/29",
      "kind": "regulation",
      "number": "29",
      "heading": "Notices and publications",
      "url": "https://openlegislation.uk/draft-nuclear-regulated-asset-base-model-revenue-collection-regulations-2023/regulation-29",
      "extent": null,
      "status": null,
      "parent": "part/4/chapter/1"
    },
    {
      "path": "part/4/chapter/2",
      "kind": "chapter",
      "number": "2",
      "heading": "Effect of payment and interest",
      "url": null,
      "extent": null,
      "status": null,
      "parent": "part/4"
    },
    {
      "path": "regulation/30",
      "kind": "regulation",
      "number": "30",
      "heading": "Set-off of payments by the revenue collection counterparty",
      "url": "https://openlegislation.uk/draft-nuclear-regulated-asset-base-model-revenue-collection-regulations-2023/regulation-30",
      "extent": null,
      "status": null,
      "parent": "part/4/chapter/2"
    },
    {
      "path": "regulation/31",
      "kind": "regulation",
      "number": "31",
      "heading": "Netting of payments by the revenue collection counterparty",
      "url": "https://openlegislation.uk/draft-nuclear-regulated-asset-base-model-revenue-collection-regulations-2023/regulation-31",
      "extent": null,
      "status": null,
      "parent": "part/4/chapter/2"
    },
    {
      "path": "regulation/32",
      "kind": "regulation",
      "number": "32",
      "heading": "Discharge of obligations by payment",
      "url": "https://openlegislation.uk/draft-nuclear-regulated-asset-base-model-revenue-collection-regulations-2023/regulation-32",
      "extent": null,
      "status": null,
      "parent": "part/4/chapter/2"
    },
    {
      "path": "regulation/33",
      "kind": "regulation",
      "number": "33",
      "heading": "Use of payments",
      "url": "https://openlegislation.uk/draft-nuclear-regulated-asset-base-model-revenue-collection-regulations-2023/regulation-33",
      "extent": null,
      "status": null,
      "parent": "part/4/chapter/2"
    },
    {
      "path": "regulation/34",
      "kind": "regulation",
      "number": "34",
      "heading": "Apportioning sums to revenue collection contracts",
      "url": "https://openlegislation.uk/draft-nuclear-regulated-asset-base-model-revenue-collection-regulations-2023/regulation-34",
      "extent": null,
      "status": null,
      "parent": "part/4/chapter/2"
    },
    {
      "path": "regulation/35",
      "kind": "regulation",
      "number": "35",
      "heading": "Application of apportionment to revenue collection contracts",
      "url": "https://openlegislation.uk/draft-nuclear-regulated-asset-base-model-revenue-collection-regulations-2023/regulation-35",
      "extent": null,
      "status": null,
      "parent": "part/4/chapter/2"
    },
    {
      "path": "regulation/36",
      "kind": "regulation",
      "number": "36",
      "heading": "Interest",
      "url": "https://openlegislation.uk/draft-nuclear-regulated-asset-base-model-revenue-collection-regulations-2023/regulation-36",
      "extent": null,
      "status": null,
      "parent": "part/4/chapter/2"
    },
    {
      "path": "part/5",
      "kind": "part",
      "number": "5",
      "heading": "Directions to offer to contract",
      "url": null,
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/37",
      "kind": "regulation",
      "number": "37",
      "heading": "Directions under section 18 of the Act",
      "url": "https://openlegislation.uk/draft-nuclear-regulated-asset-base-model-revenue-collection-regulations-2023/regulation-37",
      "extent": null,
      "status": null,
      "parent": "part/5"
    },
    {
      "path": "regulation/38",
      "kind": "regulation",
      "number": "38",
      "heading": "Form and content of specified terms",
      "url": "https://openlegislation.uk/draft-nuclear-regulated-asset-base-model-revenue-collection-regulations-2023/regulation-38",
      "extent": null,
      "status": null,
      "parent": "part/5"
    },
    {
      "path": "regulation/39",
      "kind": "regulation",
      "number": "39",
      "heading": "Revocation of directions",
      "url": "https://openlegislation.uk/draft-nuclear-regulated-asset-base-model-revenue-collection-regulations-2023/regulation-39",
      "extent": null,
      "status": null,
      "parent": "part/5"
    },
    {
      "path": "regulation/40",
      "kind": "regulation",
      "number": "40",
      "heading": "Publication of revenue collection contracts",
      "url": "https://openlegislation.uk/draft-nuclear-regulated-asset-base-model-revenue-collection-regulations-2023/regulation-40",
      "extent": null,
      "status": null,
      "parent": "part/5"
    },
    {
      "path": "regulation/41",
      "kind": "regulation",
      "number": "41",
      "heading": "Interpretation of Part 5",
      "url": "https://openlegislation.uk/draft-nuclear-regulated-asset-base-model-revenue-collection-regulations-2023/regulation-41",
      "extent": null,
      "status": null,
      "parent": "part/5"
    },
    {
      "path": "part/6",
      "kind": "part",
      "number": "6",
      "heading": "Information and advice",
      "url": null,
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/42",
      "kind": "regulation",
      "number": "42",
      "heading": "Requests for information",
      "url": "https://openlegislation.uk/draft-nuclear-regulated-asset-base-model-revenue-collection-regulations-2023/regulation-42",
      "extent": null,
      "status": null,
      "parent": "part/6"
    },
    {
      "path": "regulation/43",
      "kind": "regulation",
      "number": "43",
      "heading": "Provision of information other than by request",
      "url": "https://openlegislation.uk/draft-nuclear-regulated-asset-base-model-revenue-collection-regulations-2023/regulation-43",
      "extent": null,
      "status": null,
      "parent": "part/6"
    },
    {
      "path": "regulation/44",
      "kind": "regulation",
      "number": "44",
      "heading": "Provision of advice to the Secretary of State",
      "url": "https://openlegislation.uk/draft-nuclear-regulated-asset-base-model-revenue-collection-regulations-2023/regulation-44",
      "extent": null,
      "status": null,
      "parent": "part/6"
    },
    {
      "path": "regulation/45",
      "kind": "regulation",
      "number": "45",
      "heading": "Restrictions on disclosing information or advice",
      "url": "https://openlegislation.uk/draft-nuclear-regulated-asset-base-model-revenue-collection-regulations-2023/regulation-45",
      "extent": null,
      "status": null,
      "parent": "part/6"
    },
    {
      "path": "regulation/46",
      "kind": "regulation",
      "number": "46",
      "heading": "Supplementary provision for Part 6",
      "url": "https://openlegislation.uk/draft-nuclear-regulated-asset-base-model-revenue-collection-regulations-2023/regulation-46",
      "extent": null,
      "status": null,
      "parent": "part/6"
    },
    {
      "path": "regulation/47",
      "kind": "regulation",
      "number": "47",
      "heading": "Interpretation of Part 6",
      "url": "https://openlegislation.uk/draft-nuclear-regulated-asset-base-model-revenue-collection-regulations-2023/regulation-47",
      "extent": null,
      "status": null,
      "parent": "part/6"
    },
    {
      "path": "signature",
      "kind": "signature",
      "number": null,
      "heading": "Signature",
      "url": "https://openlegislation.uk/draft-nuclear-regulated-asset-base-model-revenue-collection-regulations-2023/signature",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "schedule",
      "kind": "schedule",
      "number": null,
      "heading": null,
      "url": null,
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "schedule/paragraph/1",
      "kind": "paragraph",
      "number": "1",
      "heading": null,
      "url": "https://openlegislation.uk/draft-nuclear-regulated-asset-base-model-revenue-collection-regulations-2023/schedule/paragraph-1",
      "extent": null,
      "status": null,
      "parent": "schedule"
    },
    {
      "path": "schedule/paragraph/2",
      "kind": "paragraph",
      "number": "2",
      "heading": null,
      "url": "https://openlegislation.uk/draft-nuclear-regulated-asset-base-model-revenue-collection-regulations-2023/schedule/paragraph-2",
      "extent": null,
      "status": null,
      "parent": "schedule"
    },
    {
      "path": "schedule/paragraph/3",
      "kind": "paragraph",
      "number": "3",
      "heading": null,
      "url": "https://openlegislation.uk/draft-nuclear-regulated-asset-base-model-revenue-collection-regulations-2023/schedule/paragraph-3",
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