Regulation 6 Direction to carry out interim reconciliationI1

The Secretary of State may direct the Authority to carry out an interim reconciliation for a scheme year or any part of a scheme year.

An interim reconciliation is a calculation of the amounts to be paid by, or received by, scheme electricity suppliers on account of final reconciliation payments for the scheme year.

A direction under paragraph (1) (an “interim reconciliation direction”) may be given at any time—

The Secretary of State may give more than one interim reconciliation direction to the Authority in relation to different parts of the scheme year.

An interim reconciliation direction must specify the period to which it relates (the “interim reconciliation period”).

The interim reconciliation period specified must end on or before the date on which the interim reconciliation direction is given.

If the Secretary of State gives an interim reconciliation direction to the Authority, the Secretary of State must notify the Authority of the number of persons specified in the Warm Home Discount standard rebate notices issued to each scheme electricity supplier on or before the date specified for interim reconciliation period, which number is then to be used for the purpose of calculating interim reconciliation payments in accordance with regulation 7.

If, in accordance with paragraph (7), the Secretary of State gives an interim reconciliation direction to the Authority, the Authority must notify each scheme electricity supplier of—

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