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Regulation 5 Payments in respect of levy etc: prescribed methods

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

The method of calculating the amount of any payment to be made under these Regulations in respect of the levy shall be the method set out in Schedule 2.

(2)

The method of calculating the total cost to a public electricity supplier of purchasing electricity–

(a)

supplied by him during a qualifying month; and

(b)

generated in pursuance of qualifying arrangements,

shall be the method set out in Part I of Schedule 3.

(3)

The method of calculating what would have been the total cost to that supplier of purchasing the electricity mentioned in paragraph (2) if it had been generated by a fossil fuel generating station shall be the method set out in Part II of Schedule 3.