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The Electricity and Gas (Energy Company Obligation) Order 2023

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  • Y Diweddaraf sydd Ar Gael (Diwygiedig)
  • Gwreiddiol (a wnaed Fel)
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Dewisiadau Agor

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Dyma’r fersiwn wreiddiol (fel y’i gwnaed yn wreiddiol). This item of legislation is currently only available in its original format.

Deadline for notification of completed measures

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26.—(1) For the purposes of article 25, a notification of a measure is made on time if it is made—

(a)on or before the original deadline, which is—

(i)in the case of a measure completed in 2023, 31st January 2024;

(ii)in the case of a measure completed after 2023, the end of the first month following the month in which the measure is completed;

(b)following an application under article 27(1) which is approved by the Administrator, on or before the date determined by the Administrator under article 27(5)(a); or

(c)in the case of a measure falling within the 5% notification threshold for the participant (“the notifying participant”), before—

(i)the end of the third month after the original deadline, if the original deadline is before 1st April 2026; or

(ii)the end of June 2026, if the original deadline is after 31st March 2026.

(2) For the purposes of paragraph (1)(c), a measure falls within the 5% notification threshold for the notifying participant if—

(a)the measure is notified to the Administrator after the original deadline; and

(b)at the time the measure is notified, the result of the following formula is less than or equal to 0.05—

.

(3) In paragraph (2)—

“F” is the number of measures (also counting the measure being notified) which—

(a)

have the same original deadline as the measure being notified; and

(b)

are notified after the original deadline by—

(i)

the notifying participant; or

(ii)

any other participant that is a member of the same group as the notifying participant;

“G” is the number of measures which—

(a)

have the same original deadline as the measure being notified;

(b)

are the subject of an application under article 27(1) which is approved by the Administrator; and

(c)

are notified, after the original deadline and on or before the date determined by the Administrator under article 27(5)(a), by—

(i)

the notifying participant; or

(ii)

any other participant that is a member of the same group as the notifying participant;

“H” is the greater of 1 and the number of measures which—

(a)

have the same original deadline as the measure being notified; and

(b)

are notified on or before the original deadline by—

(i)

the notifying participant; or

(ii)

any other participant that is a member of the same group as the notifying participant.

(4) In this article, “original deadline” has the meaning given in paragraph (1)(a).

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