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Regulation 11 Amendments to regulation 13 (calculation of non-core spending obligation)

Original text. Later amendments are not shown.

In regulation 13—

(a)

in paragraph (5)—

(i)

for “year 5” substitute “years 5, 6 and 7”;

(ii)

after “overall spending target” insert “for the scheme year”;

(b)

in paragraph (6)—

(i)

in sub-paragraph (a), after “Schedule 1” insert “and C was a compulsory scheme electricity supplier in the preceding scheme year”;

(ii)

in sub-paragraph (b), after “Schedule 1” insert “and C was a compulsory scheme electricity supplier in the preceding scheme year”;

(iii)

after sub-paragraph (b) insert—

“(c)

A, if C was not a compulsory scheme electricity supplier in the preceding scheme year.”;

(c)

for paragraph (7) substitute—

“(7)

In paragraph (6)—

(a)

A is C’s relevant percentage for the scheme year of the amount which would have been the aggregate non-core spending obligation for that scheme year if the overall spending target had not been reduced or increased under paragraph 5, or paragraph 6 (as applicable), of Schedule 1;

(b)

B is C’s relevant percentage, as determined under paragraph (2) for the preceding scheme year, of the amount by which the overall spending target has been reduced or increased under paragraph 5, or paragraph 6 (as applicable), of Schedule 1.”.