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SCHEDULES

SCHEDULE 6Community electricity right regulations

PART 1The right to buy

The price of the stakes

9(1)Right to buy regulations must make provision about setting the price of the available stakes in a qualifying facility.

(2)In making the regulations, the Secretary of State must have regard to the desirability of the prices of available stakes reflecting a measure of fair value.

(3)In this paragraph “available stakes”, in relation to a qualifying facility, means the stakes in the qualifying facility that are to be offered through the right to buy.