C3C4C5C1C2 Part I ELECTRICITY SUPPLY
Pt. I modified (S.) (30.11.2005) by The Electricity from Non-Fossil Fuel Sources (Scotland) Saving Arrangements Order 2005 (S.S.I. 2005/549), arts. 1(1), 9
Pt. 1 excluded (30.12.2015) by The Port Talbot Steelworks Generating Station Order 2015 (S.I. 2015/1984), arts. 1, 7(2) (with art. 26)
Pt. I (ss. 1-64) applied (1.10.2001) by S.I. 2001/3264, regs. 4(2), 5(2)
Pt. I (ss. 1-64) amended (E.W.) (27.10.2000) by S.I. 2000/2727, art. 10
Pt. I (ss. 1-64) amended (7.11.2000) by 2000 c. 27, s. 105(1)(a); S.I. 2000/2974, art. 2, Sch. (subject to transitional provisions in arts. 3-12)
Pt. I (ss. 1-64) amended (E.W.) (1.10.2001) by S.I. 2000/2727, art. 10 (as substituted (1.10.2001) by S.I. 2001/3268, art. 2(13))
Protection of public interest
32NF1The certificate purchase obligation
1
The Secretary of State may make a certificate purchase order.
2
A certificate purchase order is an order which imposes the certificate purchase obligation on—
a
the purchasing body of GB certificates;
b
the purchasing body of NI certificates.
3
The certificate purchase obligation is that—
a
the purchasing body of GB certificates must pay the redemption value of a GB certificate to the person presenting it;
b
the purchasing body of NI certificates must pay the redemption value of a NI certificate to the person presenting it.
4
The purchasing body of GB certificates is—
a
the Authority, or
b
such other eligible person as may be designated by the order as the purchasing body of GB certificates.
5
The purchasing body of NI certificates is—
a
the Northern Ireland authority, or
b
such other eligible person as may be designated by the order as the purchasing body of NI certificates.
6
A person is an “eligible person” for the purposes of designation under subsection (4)(b) if the person is—
a
a CFD counterparty at the time when the designation is made, or
b
the Secretary of State.
7
A person is an “eligible person” for the purposes of designation under subsection (5)(b) if the person is a CFD counterparty at the time when the designation is made.
8
Subsection (3) is subject to sections 32O to 32Z2.
Pt. I modified (5.10.2004) by Energy Act 2004 (c. 20), ss. 184(12), 185(13), 198(2); S.I. 2004/2575, art. 2(1), Sch. 1