Regulation 27 Spending incurred by a compulsory scheme electricity supplier before the commencement dayI1

England, Wales and Scotland

In scheme year 12, a compulsory scheme electricity supplier may treat as an amount of spending incurred under regulation 24 any spending which—

(a)

was incurred between 1st April 2022 and the commencement day; and

(b)

would have counted towards its non-core spending obligation by virtue of regulations 19 and 24 to 26, if these Regulations had come into force on 1st April 2022.

Annotations

Commencement

I1: Reg. 27 in force at 20.10.2022, see reg. 1(2)