Regulation 2 Interpretation

In these Regulations, unless the context otherwise requires—

• “the Act” means the Electricity Act 1989;

• “auditor’s certificate” means a certificate given by—

  1. (a)

     in relation to a company within the meaning of the Companies Act 1985^f1, the auditor or auditors (as holding office for the time being in accordance with that Act) of that company; and

  2. (b)

     in relation to any other description of person, a person who is a member of one or more of the following bodies—

     1. (i)

        the Institute of Chartered Accountants of Scotland;

     2. (ii)

        the Institute of Chartered Accountants in England and Wales;

     3. (iii)

        the Chartered Association of Certified Accountants;

     4. (iv)

        the Institute of Chartered Accountants in Ireland;

• “data”, except in regulation 32, includes assumptions and estimates;

• “Director” means the Director General of Electricity Supply;

• “distribution system” means a system of low voltage lines and electric plant operated by a licensed supplier;

• “financial year” means a period of 12 months ending on 31st March;

• “levy” means the levy imposed by these Regulations;

• “licensed generator” means a person authorised by a licence to generate electricity;

• “licensed supplier” means a public electricity supplier and also a person authorised by a licence under section 6(2) of the Act to supply electricity within the authorised area of a public electricity supplier;

• “licensed transmitter” means a person authorised by a licence to transmit electricity;

• “low voltage line” means an electric line of a nominal voltage less than 132 kilovolts;

• “prescribed interest rate” means a rate which is 4 per centum per annum above the base rate of the Royal Bank of Scotland plc current from time to time;

• “public electricity supplier” means a public electricity supplier whose authorised area falls wholly or mainly in Scotland;

• “rate of levy” means the percentage figure from time to time produced by the method set out in Schedule 2;

• “relevant interest payments” means—

  1. (a)

     interest payments made pursuant to regulation 24(1); and

  2. (b)

     interest payments in respect of money placed on deposit pursuant to regulation 25;

• “unit” means a measure of electrical energy equal to one kilowatt-hour, and expressions which are used in section 33 of the Act have the same meanings as in that section.

Schedule 1 shall have effect for the purposes of the interpretation of Schedules 2 and 3.

In these Regulations, unless the context otherwise requires—