{
  "url": "https://openlegislation.uk/fossil-fuel-levy-scotland-regulations-1996/schedule-3/paragraph-3",
  "json_url": "https://openlegislation.uk/fossil-fuel-levy-scotland-regulations-1996/schedule-3/paragraph-3.json",
  "legislation": "uksi/1996/293",
  "legislation_title": "The Fossil Fuel Levy (Scotland) Regulations 1996",
  "legislation_url": "https://openlegislation.uk/fossil-fuel-levy-scotland-regulations-1996",
  "path": "schedule/3/paragraph/3",
  "kind": "paragraph",
  "number": "3",
  "heading": "Method of calculating hypothetical cost of purchasing certain electricity",
  "text": "(1) The method of calculating what would have been the total cost (in pounds) to each public electricity supplier P of purchasing the electricity mentioned in either paragraph 1 or paragraph 2 of this Schedule if that electricity had been generated by a fossil fuel generating station (which, when combined with the like total cost attributable to every other public electricity supplier, is expressed as By in paragraph 2 of Schedule 2) is given by the formula—\nByp = ∑n ( Wn × Vn )100.\n(2) In the formula specified in sub-paragraph (1) above—\nΣn signifies the summation over all the qualifying months within period y;\nWn is the reference price (in pence per unit) in respect of the electricity referred to in paragraph 1 or, as the case may be, paragraph 2 of this Schedule within month n, calculated in accordance with paragraph 5 except during a security period, when it shall be the price determined as the Director, after consultation with licensed suppliers, sees fit; and\nVn is the number of units of the electricity referred to in paragraph 1 or, as the case may be, paragraph 2 of this Schedule within month n.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [
    {
      "type": "am",
      "affecting": "ssi/2001/335",
      "affecting_title": "The Fossil Fuel Levy (Scotland) Amendment Regulations 2001"
    },
    {
      "type": "am",
      "affecting": "ssi/2001/335",
      "affecting_title": "The Fossil Fuel Levy (Scotland) Amendment Regulations 2001"
    },
    {
      "type": "am",
      "affecting": "ssi/2002/94",
      "affecting_title": "The Fossil Fuel Levy (Scotland) Amendment Regulations 2002"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1996/293/schedule/3/paragraph/3",
    "retrieved_at": "2026-10-29T12:52:40.008931+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."
}