OpenLegislation

Section 3 Registration and publication of contractsI1

United Kingdom

(1)

The Secretary of State may make regulations requiring the designated counterparty to—

(a)

maintain a register of information in relation to revenue certainty contracts;

(b)

publish revenue certainty contracts or details about them.

(2)

Regulations under subsection (1)(a) may, in particular, make provision about—

(a)

the information to be contained in the register;

(b)

publication of the register.

(3)

Regulations under subsection (1)(b) may require revenue certainty contracts to be published subject to redactions made in accordance with provision made by the regulations.

(4)

The provision that may be made about the redaction of material in a revenue certainty contract includes provision authorising or requiring redactions to be made—

(a)

in accordance with a provision of the contract;

(b)

in accordance with a decision made by the Secretary of State.

Annotations

Commencement

I1

S. 3 in force at Royal Assent, see s. 19(1)