Regulation 15 Duty to calculate and adjust, and notify, compulsory scheme electricity suppliers’ non-core spending obligations

(1)

The Authority must—

(a)

calculate, in accordance with regulation 16, the non-core spending obligation for each compulsory scheme electricity supplier for each scheme year; and

(b)

adjust each supplier’s non-core spending obligation for a scheme year in accordance with—

(i)

for scheme year 12, regulation 17; or

(ii)

for any other scheme year, regulation 18.

(2)

The Authority must notify each compulsory scheme electricity supplier—

(a)

of its non-core spending obligation for each scheme year;

(b)

whether any adjustment is made to its obligation for a scheme year in accordance with regulation 17 or 18;

(c)

if such an adjustment is made, of the adjusted amount of its non-core spending obligation for that scheme year.

(3)

The notification under paragraph (2)(a) must be given—

(a)

for scheme year 12, on or before the 25th working day after the commencement day;

(b)

for any other scheme year, by 14th March preceding the start of the scheme year.

(4)

The notification under paragraph (2)(b) and, as the case may be, (c) must be given—

(a)

for scheme year 12, on or before the later of—

(i)

the 25th working day after the commencement day;

(ii)

31st October 2022;

(b)

for any other scheme year, by 31st October in the scheme year to which it relates.