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Regulation 31 Spending incurred by a compulsory scheme electricity supplier before the commencement day

Original text. Later amendments are not shown.

In scheme year 16, a compulsory scheme electricity supplier may treat as an amount of spending incurred under regulation 28 any spending which—

(a)

was incurred in the period beginning with 1st April 2026 and ending with the day before the commencement day; and

(b)

would have counted towards its non-core spending obligation by virtue of regulations 23 and 28 to 30, if these Regulations had come into force on 1st April 2026.