# The Energy Act 2004 (Assistance for Areas with High Distribution Costs) Order 2005, Paragraph 5


For each relevant year, the licensee shall prepare a statement setting out in respect of such relevant year:
(a) the methodology used to calculate the p/kWh tariff;
(b) the p/kWh tariff that will apply in the relevant year;
(c) the terms for payment of invoices issued under paragraph 3 above including the dates by which such invoices should be paid;
(d) a statement that the level of interest to be applied to any late payments by an authorised supplier shall be 8% above the base interest rate as calculated and applied in accordance with paragraph 4 above;
(e) contact details which can be used if an authorised supplier has any queries concerning the operation of the assistance for areas with high distribution costs scheme;
(f) a statement of the administration allowance; and
(g) a statement of the assistance amount payable by the licensee in relation to the relevant year, together with details of the payments payable by the licensee on the payment dates in relation to the relevant year specified in standard condition C22 (Assistance for areas with high distribution costs scheme: payments to a relevant distributor).

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Source: https://www.legislation.gov.uk/uksi/2005/528/schedule/7/paragraph/5 (the official version)
Page: https://openlegislation.uk/energy-act-2004-assistance-for-areas-with-high-distribution-costs-order-2005/schedule-7/paragraph-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.