{
  "url": "https://openlegislation.uk/draft-warm-home-discount-regulations-2011/regulation-14",
  "json_url": "https://openlegislation.uk/draft-warm-home-discount-regulations-2011/regulation-14.json",
  "legislation": "ukdsi/2011/9780111507650",
  "legislation_title": "The Warm Home Discount Regulations 2011",
  "legislation_url": "https://openlegislation.uk/draft-warm-home-discount-regulations-2011",
  "path": "regulation/14",
  "kind": "regulation",
  "number": "14",
  "heading": "Adjustments for banking and borrowing",
  "text": "(1) In scheme years 2, 3 and 4, if the amount of spending incurred under this Part (as determined by the Authority in accordance with regulation 29(d)) by a compulsory scheme electricity supplier in the preceding scheme year (“Dt-1”) is greater or less than the supplier’s non-core spending obligation for the preceding scheme year (“St-1”), the Authority must adjust the supplier’s non-core spending obligation for the current scheme year (“S”) in accordance with paragraphs (2) and (3).\n(2) If Dt-1 is less than St-1, S is to be adjusted by adding (St-1 – Dt-1).\n(3) If Dt-1 is greater than St-1, S is to be adjusted by subtracting—\n(a) (Dt-1 – St-1), unless sub-paragraph (b) applies ; or\n(b) 1% of St-1, if the amount determined under sub-paragraph (a) is greater than 1% of St-1.\n(4) The Authority must notify each compulsory scheme electricity supplier by 30th September in scheme years 2, 3 and 4—\n(a) whether any adjustment has been made under this regulation to its non-core spending obligation for that scheme year; and\n(b) if so, the adjusted amount of the supplier’s non-core spending obligation.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2011/9780111507650/regulation/14",
    "retrieved_at": "2026-10-30T14:53:52.487034+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}