# Finance (No. 2) Act 2023, Section 313: Definitions in this Part

Extent: E+W+S+N.I.

The following table contains a list of terms used in this Part and the provisions that define or explain them.
Term
Provision defining or explaining
accounting period (generally)
section 280(3)
accounting period (of a generating undertaking that is a group)
section 288(1)
allowable costs
section 284(1)
arm's length provision
section 283(9)
Balancing and Settlement Code
section 312
baseline fuel cost
section 285(3)
company
section 280(1)
company tax return
section 284(3)
distribution system
section 312
electricity generator levy
section 279(2)
exceptional generation fuel costs
section 285(1)
feed-in tariff export payments
section 312
generating undertaking
section 280(1)
generation fuel costs
section 285(2)
generation receipts
section 283(2)
grid connected electricity generation
section 282(3)
group
section 287(1)
HMRC
section 281(3)
joint venture undertaking
section 293(2)
lead member (of a group)
section 288(2)
principal member (of a group)
section 287(2)
qualifying electricity purchase costs
section 284(6)
qualifying joint venture
section 292(1)
qualifying new generating plant
section 311A
qualifying partnership
section 291(1)
qualifying period
section 280(2)
reference period (in relation to the determination of baseline fuel cost)
section 285(4)
relevant generating station
section 280(1)
relevant place
section 280(1)
relevant subsidiary (in sections 290, 296 and 297)
section 290(6)
SEM Memorandum
section 312
settlement code
section 312
significant equity holder
section 286(7)
significant minority shareholder (that is a person)
section 290(5)(a)
significant minority shareholder (that is a group of companies)
section 290(5)(b)
standard conditions of electricity supply licences
section 312
subject to a contract for difference, an investment contract, a revenue collection contract or feed-in tariff export payments (in relation to a generating station)
section 280(1)
subsidiary member (of a group)
section 287(3)
third party (in relation to a generating undertaking)
section 286(7)
Trading and Settlement Code
section 312
transmission system
section 312

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Source: https://www.legislation.gov.uk/ukpga/2023/30/section/313 (the official version)
Page: https://openlegislation.uk/finance-no-2-act-2023/section-313
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.