Regulation 10 Amendments to regulation 12 (determination and notification of non-core spending obligation)

in paragraph (1)(b), for “3 and 4” substitute “3, 4 and 7”;

after paragraph (1)(c) insert—

“(d)

for scheme year 6, by 7 days after the third commencement date,”;

after paragraph (5) insert—

“(6)

The Authority must—

(a)

for scheme year 6, by 28 days after the third commencement date, and

(b)

for scheme year 7, by 14th March 2017,

calculate for each compulsory scheme electricity supplier, and notify to that supplier, the amounts specified in paragraph (7).

(7)

The amounts specified for the purposes of paragraph (6) are—

(a)

the supplier’s non-core spending obligation (subject to any later adjustment under regulation 14);

(b)

the amount of spending which the supplier must aim to make under Chapter 2; and

(c)

the maximum amount of spending which the supplier may count towards meeting its non-core spending obligation under Chapters 4 and 5 combined (subject to any determination by the Authority under regulation 15(3A)(ba)(ii)).”.