Regulation 16 New regulation 17B (scheme year 8 spending before fourth commencement date)

After regulation 17A insert—

“Scheme year 8 spending before fourth commencement date

17B.

In scheme year 8, a compulsory scheme electricity supplier may treat as an amount of spending incurred under Chapter 4 any spending which—

(a)

takes place in the period beginning on 1st April 2018 and ending on the day before the fourth commencement date; and

(b)

would count towards its non-core spending obligation by virtue of Chapter 4 if the Warm Home Discount (Miscellaneous Amendments) Regulations 2018 had come into force on 1st April 2018.”.