Regulation 14 Duty of supplier to categorise contractsI1
England, Wales and Scotland
(1)
A supplier must, in respect of each of its supply contracts—
(a)
where required under rules made under regulation 21(b), determine whether, and if so on what basis, it is to be treated as comprising more than one supply contract, in which case the further provisions of this paragraph apply in respect of each of those supply contracts;
(b)
determine whether it is a fixed price contract, a flexible price contract or a variable price contract;
(c)
in the case of a fixed price contract—
(i)
determine the price-fix date;
(ii)
determine whether it is an excluded fixed price contract.
(2)
A supplier must give notice to the customer of the determinations made under paragraph (1).
Annotations
Commencement
- I1
Reg. 14 in force at 1.11.2022, see reg. 1(1)