Regulation 18 Set-offI1

England, Wales and Scotland

(1)

This regulation applies where a relevant supplier is entitled to receive a payment from the Authority under these Regulations and is at the same time liable to make a payment to the Authority under these Regulations (whether or not the due date for the payment has passed).

(2)

The Authority may reduce the payment that it makes to the relevant supplier by up to the amount of the payment the supplier is liable to make under these Regulations.

(3)

Where the Authority reduces a payment that it makes to a relevant supplier by virtue of paragraph (2)—

(a)

for the purposes of these Regulations—

(i)

the Authority is to be treated as having paid to the relevant supplier, and the relevant supplier as having received from the Authority, the relevant amount; and

(ii)

the relevant supplier is to be treated as having paid to the Authority, and the Authority as having received from the relevant supplier, the relevant amount; and

(b)

the Authority must give a notice to the relevant supplier specifying—

(i)

the relevant amount;

(ii)

the balance of the payment the relevant supplier is entitled to receive (if any); and

(iii)

the balance of the payment the relevant supplier is liable to make (if any).

(4)

In this regulation—

“relevant amount” means the amount by which the Authority reduces the payment that it makes to a relevant supplier by virtue of paragraph (2);
“relevant supplier” means—
1. (a)
  
  a scheme electricity supplier as defined in regulation 3(1) of the England & Wales Scheme Regulations; or
2. (b)
  
  a scheme electricity supplier as defined in regulation 3(1) of the Scotland Scheme Regulations.

Annotations

Commencement

I1: Reg. 18 in force at 30.11.2022, see reg. 1(2)