Regulation 17 Spending incurred before commencement dateI1
England, Wales and Scotland
(1)
Paragraph (2) applies if these Regulations come into force after 1st April 2011.
(2)
In scheme year 1, a compulsory scheme electricity supplier may treat as an amount of spending incurred under Chapter 3 or Chapter 4 any spending which—
(a)
was incurred between 1st April 2011 and the commencement date; and
(b)
would have counted towards its non-core spending obligation by virtue of Chapter 3 or Chapter 4, if these Regulations had come into force on 1st April 2011.
Annotations
Commencement
- I1
Reg. 17 in force at 1.4.2011, see reg. 1(2)