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Regulation 13 New regulation 17C (scheme year 11 spending before fifth commencement date)

Original text. Later amendments are not shown.

After regulation 17B insert—

“Scheme year 11 spending before fifth commencement date

17C.

In scheme year 11, 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 2021 and ending on the day before the fifth 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 2021 had come into force on 1st April 2021.”.