Article 32 Issue of NIROCs to generators and suppliers
Subject to paragraphs (2) and (3) and Article 33 (issue of NIROCs to agents), the Authority is to issue a NIROC to the operator of the generating station by which the electricity to which the NIROC relates was generated.
Where electricity—
is required to be generated by a generating station from renewable sources under a NFFO arrangement, or
in compliance with such an arrangement, is required to be made available to the Company
NIROCs are to be issued as set out in paragraph (3).
Where by virtue of the NFFO arrangement the Company is entitled to the electricity, NIROCs are to be issued to licensed suppliers notified to the Authority by the Company as being purchasers of the entitlement to receive NIROCs and to each in such numbers as are appropriate to the entitlement to receive NIROCs which the Company notifies the Authority each has purchased in arrangements made by the Company under Article 38 (subject to the total number of NIROCs available to be issued in respect of the electricity).