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Regulation 48 Reduction of discountI1

England, Wales and Scotland

If in relation to a supply contract either the customer or the supplier is party to an abusive arrangement—

(a)

the base discount is to be reduced by such amount as will ensure that the benefit of the scheme is not increased by that arrangement;

(b)

the relevant party must promptly and as frequently as is required to give effect to this regulation—

(i)

determine the reduction in the discount required under paragraph (a);

(ii)

give notice of that reduction to the other contract party;

(c)

the supplier must—

(i)

reduce the base discount by the amount determined under paragraph (a);

(ii)

determine or redetermine its charges for energy supplied accordingly.

Annotations

Commencement

I1

Reg. 48 in force at 1.11.2022, see reg. 1(1)