Relevant arrangements
7.—(1) For the purposes of regulation 6, “relevant arrangements” means arrangements which are approved by the CFD counterparty under paragraph (2) or (3)(a), to enable the provision of information to the CFD counterparty about the amount of electricity measured by meters in respect of which EII certificates are in force.
(2) The CFD counterparty must, by 30th September 2015, approve arrangements which it considers will enable the provision of information about the amount of electricity measured by meters in respect of which EII certificates are in force.
(3) The CFD counterparty must keep the relevant arrangements under review and may—
(a)approve alternative relevant arrangements; or
(b)withdraw approval for relevant arrangements provided that—
(i)it has given not less than six months’ notice of the withdrawal of approval to electricity suppliers; and
(ii)it has ensured that, after the withdrawal of approval of those arrangements, there are relevant arrangements which are approved.
(4) The CFD counterparty may not approve arrangements as relevant arrangements unless it is satisfied that every electricity supplier is able to participate in such arrangements.
(5) Where the CFD counterparty approves relevant arrangements it must publish, in such manner as it considers appropriate for the purpose of bringing it to the attention of electricity suppliers, a document which describes those arrangements.