Regulation 52 Rules in relation to this PartI1

England, Wales and Scotland

(1)

The Secretary of State must, no later than 14 days after the scheme introduction date, make rules (“required reductions rules”) about further reductions that suppliers are to apply under regulation 53(1)(b), in addition to any discount applied under regulation 19(1)(b), to the qualifying amounts payable by QFDCs (“required reductions”).

(2)

The purpose of the required reductions rules is to mitigate the financial disadvantage otherwise experienced by QFDCs in obtaining an affordable supply of energy.

(3)

The required reductions rules—

(a)

must specify—

(i)

the required reductions, or

(ii)

a methodology for determining them, and

(b)

must provide for required reductions to be specified or determined—

(i)

by reference to qualifying amounts, and

(ii)

in p/kWh, in pounds, or as a percentage.

(4)

The required reductions rules may provide—

(a)

that where specified conditions are satisfied, the amount of a required reduction is reduced (or that no required reduction is applicable);

(b)

that required reductions are to be different in different cases, as specified in or determined under the rules;

(c)

for the Secretary of State or suppliers to publish required reductions.

Annotations

Commencement

I1: Reg. 52 in force at 1.11.2022, see reg. 1(1)