Regulation 13 Amendments to regulation 14 (adjustments for banking and borrowing)

In regulation 14—

(a)

in paragraph (1), for “2 to 7” substitute “2 to 10”;

(b)

in paragraph (3)(b)(iii), for “scheme years 5, 6 and 7” substitute “subsequent scheme years”;

(c)

in paragraph (3A), for “6 and 7” substitute “6 to 10”;

(d)

in paragraph (3B), after sub-paragraph (b) insert—

“(c)
for each subsequent scheme year, the period following the end of the scheme year beginning on 1st April and ending on 31st August.”;

(e)

in paragraph (3C)—

(i)

for “scheme year 7” substitute “scheme years 7 to 10”;

(ii)

for “scheme year 6” substitute “the preceding scheme year”;

(f)

in paragraph (4), for “scheme year 7” substitute “scheme years 7, 9 and 10”;

(g)

after paragraph (5) insert—

“(6)
In scheme year 8, the Authority must notify each compulsory scheme electricity supplier of the matters referred to in sub-paragraphs (a) and (b) of paragraph (4) by 30th September 2018, or within 2 months of the fourth commencement date, whichever is the later.”.