PART 1Introduction

Interpretation2

1

In these Regulations—

  • the Act” means the Energy Act 2013;

  • “the Balancing and Settlement Code”, “the BSCCo” and “BSC volume allocation run” have the meanings given in the ESO Regulations;

  • “BM Unit Identification Number”, “CMRS”, “MSID” and “SMRS” are to be construed in accordance with the Balancing and Settlement Code (see Sections X-1 and X-2 of that code);

  • “CFD period contribution” has the meaning given in the ESO Regulations;

  • “earnings” in relation to a business, means the earnings of that business before interest, taxes, depreciation and amortisation;

  • “EII application” means an application under regulation 10;

  • “EII certificate” has the meaning given by regulation 8(1);

  • “EII excluded electricity” means any amount of electricity determined as such in accordance with regulation 6;

  • “electricity supplier” has the meaning given in the ESO Regulations;

  • “energy from renewable sources” is to be construed in accordance with Directive 2009/28/EC of the European Parliament and of the Council of 23 April 2009 on the promotion of the use of energy from renewable sources and amending and subsequently repealing Directives 2001/77/EC and 2003/30/EC2;

  • ESO Regulations” means the Contracts for Difference (Electricity Supplier Obligations) Regulations 20143;

  • “excluded electricity” means EII excluded electricity and green excluded electricity;

  • “financial year” means a period of 12 months commencing with 1st April and a reference to a financial year followed by the number of a calendar year is to be construed as a reference to the financial year commencing with 1st April of that year;

  • “green excluded electricity” means any amount of electricity determined as such in accordance with regulation 3;

  • “NACE Rev 2” is as set out in Annex I to Regulation (EC) No 1893/2006 of the European Parliament and of the Council of 20 December 2006 (relating to the statistical classification of economic activities)4;

  • “proper address” means—

    1. a

      in the case of a body corporate—

      1. i

        the registered or principal office of that body, or

      2. ii

        an email address provided (and not withdrawn) by that body;

    2. b

      in the case of a partnership—

      1. i

        the principal office of the partnership, or

      2. ii

        an email address provided (and not withdrawn) by—

        1. aa

          that partnership,

        2. bb

          a partner, or

        3. cc

          a person having control or management of the partnership business;

    3. c

      in the case of any other person, that person’s last known address, which includes an email address provided (and not withdrawn) by that person;

  • “quarterly obligation period” has the meaning given in the ESO Regulations;

  • “relevant arrangements” has the meaning given by regulation 7;

  • “relevant period” is to be construed in accordance with regulation 9;

  • “staff costs” in relation to a business, include any employers’ pension and national insurance contributions which the business makes;

  • “specified activity” means an activity classified by a NACE Rev 2 class specified in column 2 of the table in the Schedule which corresponds with the description of that class in column 1 of the table;

  • “working day” means a day that is not a Saturday or Sunday, Christmas Day, Good Friday or any day that is a bank holiday in England and Wales under the Banking and Financial Dealings Act 19715.

2

Any reference in these Regulations to a supply of electricity is a reference to its supply in Great Britain, and “supply” is to be construed in accordance with section 4(4) of the Electricity Act 19896.

3

Any reference in these Regulations to an amount of electricity is a reference to that amount expressed in megawatt hours (MWh).

4

Where more than one person is designated under section 7 of the Act as a CFD counterparty these Regulations have effect as if—

a

in regulation 4—

i

the references to “the CFD counterparty” in paragraphs (1), (3) and (6) were to “the CFD counterparty most recently designated under section 7 of the Act”;

ii

every other reference to “the CFD counterparty” in that regulation were to “a CFD counterparty”; and

iii

the words “the CFD counterparty most recently designated under section 7 of the Act” appeared after the word “but” in paragraph (4);

b

in regulation 5—

i

the reference in paragraph (2) to “the CFD counterparty” were to “the CFD counterparty most recently designated under section 7 of the Act” and the reference in paragraph (4) were to “a CFD counterparty”; and

ii

the words “the CFD counterparty most recently designated under section 7 of the Act” appeared after the word “but” in paragraph (4);

c

in regulation 6—

i

the first and second references to “the CFD counterparty” in that regulation were to “the CFD counterparty most recently designated under section 7 of the Act” and the other reference in that regulation were to “A CFD counterparty”; and

ii

in paragraph (3) the words “ to another CFD counterparty or” appeared after the word “except”;

d

in regulation 6(3), the reference to “the CFD counterparty” were to “a CFD counterparty”

e

in regulation 7

i

the first reference in paragraph (1) to “the CFD counterparty” were to “a CFD counterparty” and the other reference were to “CFD counterparties”;

ii

the words “which on 31st September 2015 was the most recently designated under section 7 of the Act” appeared after “The CFD counterparty” in paragraph (2);

iii

the words “most recently designated under section 7 of the Act” appeared after “The CFD counterparty” in paragraph (3);

iv

the reference in paragraph (4) to “The CFD counterparty” were to “A CFD counterparty”;

v

the reference in paragraph (5) “the CFD counterparty” were to “a CFD counterparty”;

f

the references to “the CFD counterparty” in regulations 11(3) and 13(6) were to “every CFD counterparty”;

g

the reference to “the CFD counterparty” in regulation 13(8) were to “the CFD counterparty most recently designated under section 7 of the Act”;

h

the reference to “the CFD counterparty” in regulation 14 were to “a CFD counterparty”.