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Regulation 3 Amendments to regulation 2 (interpretation)

Original text. Later amendments are not shown.

In regulation 2—

(a)

in the definition of “market share”, for paragraph (a) substitute—

“(a)

unless regulation 11 applies, the market share of the supplier, expressed as a percentage—

(i)

as notified by the Authority to the Operator under regulation 4(1)(b); or

(ii)

where the Authority is the Operator, as determined under regulation 4(2A); or ”;

(b)

for the definition of “the Operator” substitute—

  • ““the Operator” means—

    1. (a)

      in relation to scheme years 1 to 6, the person for the time being appointed by the Secretary of State under regulation 3; and

    2. (b)

      in relation to scheme year 7, the Authority;”.