No versions valid at: 05/03/2015
Point in time view as at 05/03/2015. This version of this cross heading contains provisions that are not valid for this point in time.
Infrastructure Act 2015, Cross Heading: Total value of the offer is up to date with all changes known to be in force on or before 10 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
Yn ddilys o 01/06/2016
10(1)Right to buy regulations must require the offer to consist of stakes whose combined price is—E+W+S
(a)equal to, or
(b)greater than,
the minimum amount described in the regulations.
(2)That minimum amount must be expressed as a percentage of the total capital costs of development of a qualifying facility.
(3)That percentage must not exceed 5%.
(4)The regulations may make provision about—
(a)the kinds of costs that are capital costs of development of a qualifying facility;
(b)calculation of the total capital costs of development of a qualifying facility.
(5)The provision about calculation of the total capital costs may provide for the total—
(a)to be calculated by reference to a period ending after the time of the calculation (including a period ending with commissioning of the facility);
(b)to include costs which have not been incurred at the time of the calculation;
(c)to include estimated costs.
(6)In this paragraph—
“combined price”, in relation to the stakes offered through the right to buy, means the total which the amounts to be paid for all of those stakes will add up to (assuming those stakes are all bought);
“offer” means the offer of stakes in a qualifying facility through the right to buy.
Mae’r holl gynnwys ar gael dan Drwydded Llywodraeth Agored v3.0 ac eithrio ble nodir yn wahanol. Yn ychwanegol mae’r safle hwn â chynnwys sy’n deillio o EUR-Lex, a ailddefnyddiwyd dan delerau Penderfyniad y Comisiwn 2011/833/EU ar ailddefnyddio dogfennau o sefydliadau’r UE. Am ragor o wybodaeth gweler ddatganiad cyhoeddus Swyddfa Gyhoeddiadau’r UE ar ailddefnyddio.
