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Regulation 27 Spending incurred by a compulsory scheme electricity supplier before the commencement day

Original text. Later amendments are not shown.

In scheme year 12, a compulsory scheme electricity supplier may treat as an amount of spending incurred under regulation 24 any spending which—

(a)

was incurred between 1st April 2022 and the commencement day; and

(b)

would have counted towards its non-core spending obligation by virtue of regulations 19 and 24 to 26, if these Regulations had come into force on 1st April 2022.