Regulation 12 Determination and notification of non-core spending obligation

(1)

The Secretary of State must—

(a)

for scheme year 1, by 7 days after the commencement date, and

(b)

for scheme years 2, 3 and 4, by 14th February preceding the start of the scheme year,

determine and notify to the Authority the aggregate non-core spending obligation.

(2)

Schedule 1 makes provision about the determination of the aggregate non-core spending obligation.

(3)

The Authority must—

(a)

for scheme year 1, by 28 days after the commencement date, and

(b)

for scheme years 2, 3 and 4, by 14th March preceding the start of the scheme year,

calculate for each compulsory scheme electricity supplier, and notify to that supplier, the amounts specified in paragraph (4).

(4)

The amounts are—

(a)

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

(b)

the maximum amounts of spending which the supplier may count towards meeting its non-core spending obligation under—

(i)

Chapter 3 (legacy spending);

(ii)

Chapter 4 (industry initiatives); and

(iii)

Chapters 3 and 4 combined.