Regulation 6

After regulation 18, insert—

“Uplift of aggregate non-core spending obligation for scheme year 15

18A

(1)

The aggregate non-core spending obligation for scheme year 15 is to be increased by £39 million (“the uplift”).

(2)

The Authority must—

(a)

recalculate each compulsory scheme electricity supplier’s non-core spending obligation for scheme year 15, to take account of the uplift, in accordance with paragraph (3); and

(b)

notify each compulsory scheme electricity supplier of its recalculated non-core spending obligation on or before the 25th working day after this regulation comes into force.

(3)

The non-core spending obligation must be recalculated by adding to the supplier’s non-core spending obligation (as adjusted in accordance with regulation 18) the amount of the uplift that is proportionate to that supplier’s scheme year 15 obligation percentage.”.