# The Fossil Fuel Levy (Scotland) Regulations 1996, Regulation 27: Application of relevant interest payments


(1) Unless the public electricity suppliers request otherwise, all relevant interest payments standing to the credit of any such account as is mentioned in paragraph (2) of regulation 26 at the end of a financial year shall be added in the appropriate proportion to the payments immediately next due to be made under paragraph (5) of regulation 23 to those suppliers, or as they may direct.
(2) For the purposes of paragraph (1), the appropriate proportion is the proportion which the payment to the particular public electricity supplier under regulation 23 bears to the aggregate of all the payments to be made at the time under that regulation.
(3) Before the Director agrees to any such request as is mentioned in paragraph (1), he shall have regard to the need to protect confidential information relating to individuals.

---
Source: https://www.legislation.gov.uk/uksi/1996/293/regulation/27 (the official version)
Page: https://openlegislation.uk/fossil-fuel-levy-scotland-regulations-1996/regulation-27
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

