The Fossil Fuel Levy Regulations 1990

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1. Introductory Text

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   PRELIMINARY

   1. 1. Citation and commencement

   2. 2. Interpretation

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   IMPOSITION OF LEVY

   1. 3. Imposition of levy

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   PRESCRIBED PERSON AND METHODS

   1. 4. Collector etc of levy: prescribed person

   2. 5. Payments in respect of levy etc: prescribed methods

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   CALCULATION ETC OF RATE OF LEVY

   1. 6. Calculation and notification of rate of levy

   2. 7. Publication of rate of levy

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   CALCULATION OF QUANTITIES OF ELECTRICITY SUPPLIED

   1. 8. Contractual entitlements to electricity

   2. 9. Transmission and distribution losses etc

   3. 10. Embedded generators

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   PRINCIPAL PAYMENTS IN RESPECT OF LEVY ETC

   1. 11. Principal payments in respect of levy

   2. 12. Statements etc to accompany principal payments in respect of levy

   3. 13. Additional statements relating to dual fired generating stations

   4. 14. Excess quantities from generating stations

   5. 15. Unclaimed quantities of non-leviable electricity

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   DEFAULTS ETC IN MAKING PAYMENTS IN RESPECT OF LEVY

   1. 16. Defaults in making payments in respect of levy

   2. 17. Under-payments in respect of levy: action by prescribed person

   3. 18. Under-payments in respect of levy: action by licensed supplier

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   SUPPLY BELOW MARKET PRICE

   1. 19. Supply below market price: additional calculations to be made by licensed supplier

   2. 20. Supply below market price: additional statements to be furnished to prescribed person

   3. 21. Supply below market price: action by prescribed person

   4. 22. Supply below market price: prescribed person’s notice

   5. 23. Supply below market price: balancing payments in respect of levy

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    OVER-PAYMENTS IN RESPECT OF LEVY

    1. 24. Over-payments in respect of levy: action by licensed supplier

    2. 25. Over-payments in respect of levy: action by prescribed person

    3. 26. Over-payments in respect of levy: adjustments

    4. 27. Deductions: general

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    APPLICATION AND DISTRIBUTION ETC OF SUMS COLLECTED

    1. 28. Application and distribution of levy

    2. 29. Interest on payments and deductions in respect of levy

    3. 30. Investment of sums collected

    4. 31. Prescribed person’s records and accounts

    5. 32. Application of relevant interest payments

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    INFORMATION PROVISIONS

    1. 33. Provision of information to prescribed person

    2. 34. Information in the form of estimates

    3. 35. Conflicts between information furnished to prescribed person

    4. 36. Custody and use of information furnished to prescribed person

    5. 37. Retention and inspection of records

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    SUPPLEMENTARY

    1. 38. Deemed delivery of posted documents

    2. 39. Inspection of meters

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    PERSONS CEASING TO BE LICENSED SUPPLIERS

    1. 40. Persons ceasing to be licensed suppliers

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    TRANSITIONAL PROVISIONS

    1. 41. Transitional provisions: calculation and notification of initial rate of levy

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    QUALIFYING ARRANGEMENTS: PRESCRIBED REQUIREMENTS

    1. 42. Qualifying arrangements: prescribed requirements

17. Signature

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       SCHEDULE 1

       1. Interpretation of Schedules 2 and 3

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       SCHEDULE 2

       1. 1. Method of calculating amount of any payment in respect of levy

       2. 2. In this Schedule the following symbols have the following meanings:...

       3. 3. Subject to any adjustment which may be required pursuant to...

       4. 4. In the formula in paragraph 3 the value of Dy"...

       5. 5. In the formula in paragraph 3 the correction factor Ky...

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       SCHEDULE 3

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          PART I

          1. 1. Method of calculating actual cost of purchasing certain electricity

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          PART II

          1. 2. Method of calculating hypothetical cost of purchasing certain electricity

          2. 3. In the formula in paragraph 2– Σn signifies the summation...

          3. 4. In paragraph 3, “security period” means a period commencing on...

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       SCHEDULE 4

       1. Descriptions of information which certain persons may be required to furnish

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          PART I

          1. 1. Estimates for any year or part of a year of–...

          2. 2. Particulars of any changes expected to occur during the year...

          3. 3. Estimates for any year or part of a year of–...

          4. 4. Estimates of the amounts of any advance payments or deferred...

          5. 5. Actual figures for any year or part of a year...

          6. 6. In so far as they are not within paragraphs 1...

          7. 7. In the case of a licence under section 6(1)(c) or...

          8. 8. The date upon which any licence holder intends to cease...

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          PART II

          1. 9. Estimates for any year or part of a year of–...

          2. 10. Actual figures for any year or part of a year...

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          PART III

          1. 11. Estimates for any year or part of a year of–...

          2. 12. Particulars of any changes expected to occur during the year...

          3. 13. In the case of a non-fossil generating station which is...

          4. 14. Actual figures for any year or part of a year...

          5. 15. Interpretation

19. Explanatory Note