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Original text. Later amendments are not shown.

In this Part—

  • “Marine Recovery Fund” means the fund established by the Marine Recovery Funds Regulations 2025 and operated pursuant to section 292 of the Energy Act 2023 for the implementation of strategic compensation or any equivalent fund established by a Government body for that purpose;

  • “Marine Recovery Fund Payment” means a contribution to the Marine Recovery Fund to compensate for impacts on protected features of the IDRBNR SAC as a result of the authorised development, the sum of which will be agreed with Defra or other organisation responsible for the operation of the Marine Recovery Fund; and

  • “the IDRBNR SAC” means the site designated as the Inner Dowsing, Race Bank and North Ridge Special Area of Conservation.