{
  "url": "https://openlegislation.uk/draft-renewables-obligation-scotland-amendment-order-2023/article-3",
  "json_url": "https://openlegislation.uk/draft-renewables-obligation-scotland-amendment-order-2023/article-3.json",
  "legislation": "sdsi/2023/9780111056363",
  "legislation_title": "The Renewables Obligation (Scotland) Amendment Order 2023",
  "legislation_url": "https://openlegislation.uk/draft-renewables-obligation-scotland-amendment-order-2023",
  "path": "article/3",
  "kind": "article",
  "number": "3",
  "heading": "Amendment to article 48 (shortfall in the buy-out and late payment funds: the total mutualisation sum)",
  "text": "(1) Article 48 is amended in accordance with paragraphs (2) and (3).\n(2) For paragraph (3) substitute—\n“(3) A shortfall in relation to a relevant period is a relevant shortfall if it is equal to, or in excess of, the mutualisation threshold for that period.”.\n(3) After paragraph (3) insert—\n“(3A) The mutualisation threshold for a relevant period is determined as 0.1% of A x B, rounded to the nearest £100,000 with £50,000 being rounded upwards, where—\n(a) A is the total obligation for the relevant period determined under article 11,\n(b) B is the buy-out price for the relevant period referred to in article 43(4).”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/sdsi/2023/9780111056363/article/3",
    "retrieved_at": "2026-10-30T15:29:57.854003+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}