{
  "url": "https://openlegislation.uk/finance-no-2-act-2023/section-313",
  "json_url": "https://openlegislation.uk/finance-no-2-act-2023/section-313.json",
  "legislation": "ukpga/2023/30",
  "legislation_title": "Finance (No. 2) Act 2023",
  "legislation_url": "https://openlegislation.uk/finance-no-2-act-2023",
  "path": "section/313",
  "kind": "section",
  "number": "313",
  "heading": "Definitions in this Part",
  "text": "The following table contains a list of terms used in this Part and the provisions that define or explain them.\nTerm\nProvision defining or explaining\naccounting period (generally)\nsection 280(3)\naccounting period (of a generating undertaking that is a group)\nsection 288(1)\nallowable costs\nsection 284(1)\narm's length provision\nsection 283(9)\nBalancing and Settlement Code\nsection 312\nbaseline fuel cost\nsection 285(3)\ncompany\nsection 280(1)\ncompany tax return\nsection 284(3)\ndistribution system\nsection 312\nelectricity generator levy\nsection 279(2)\nexceptional generation fuel costs\nsection 285(1)\nfeed-in tariff export payments\nsection 312\ngenerating undertaking\nsection 280(1)\ngeneration fuel costs\nsection 285(2)\ngeneration receipts\nsection 283(2)\ngrid connected electricity generation\nsection 282(3)\ngroup\nsection 287(1)\nHMRC\nsection 281(3)\njoint venture undertaking\nsection 293(2)\nlead member (of a group)\nsection 288(2)\nprincipal member (of a group)\nsection 287(2)\nqualifying electricity purchase costs\nsection 284(6)\nqualifying joint venture\nsection 292(1)\nqualifying new generating plant\nsection 311A\nqualifying partnership\nsection 291(1)\nqualifying period\nsection 280(2)\nreference period (in relation to the determination of baseline fuel cost)\nsection 285(4)\nrelevant generating station\nsection 280(1)\nrelevant place\nsection 280(1)\nrelevant subsidiary (in sections 290, 296 and 297)\nsection 290(6)\nSEM Memorandum\nsection 312\nsettlement code\nsection 312\nsignificant equity holder\nsection 286(7)\nsignificant minority shareholder (that is a person)\nsection 290(5)(a)\nsignificant minority shareholder (that is a group of companies)\nsection 290(5)(b)\nstandard conditions of electricity supply licences\nsection 312\nsubject to a contract for difference, an investment contract, a revenue collection contract or feed-in tariff export payments (in relation to a generating station)\nsection 280(1)\nsubsidiary member (of a group)\nsection 287(3)\nthird party (in relation to a generating undertaking)\nsection 286(7)\nTrading and Settlement Code\nsection 312\ntransmission system\nsection 312",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in s. 313 Table inserted (22.2.2024) by Finance Act 2024 (c. 3), s. 21(4)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2023/30/section/313",
    "retrieved_at": "2026-10-29T08:52:11.242356+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}