C3C4C5C1C2 Part I ELECTRICITY SUPPLY

Annotations:
Modifications etc. (not altering text)
C1

Pt. I (ss. 1-64) applied (1.10.2001) by S.I. 2001/3264, regs. 4(2), 5(2)

C2

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

32QF1Use of levy payments

1

Amounts payable in respect of the certificate purchase levy are to be paid to the administrator of the levy.

2

Amounts received by the administrator under subsection (1) must be paid to—

a

the purchasing body of GB certificates, or

b

the purchasing body of NI certificates,

in accordance with such provision as may be contained in the order.

3

Amounts paid to a purchasing body under subsection (2) may be used by that body only for the purpose of discharging the certificate purchase obligation.

4

The order may contain further provision about—

a

the calculation of amounts received by the administrator that are to be paid to a relevant purchasing body;

b

the time by which the administrator must make payments of such amounts to a relevant purchasing body;

c

the manner in which any such payments are to be made;

d

how amounts are to be dealt with for the purposes of subsection (2) where the administrator and a relevant purchasing body to whom they are to be paid are the same person.

5

Subsections (2) to (4) are subject to subsections (6) to (10).

6

The order may provide for amounts received by the administrator under subsection (1) to be used by the administrator to make payments—

a

into the Consolidated Fund in respect of costs (or a proportion of costs) which have been or are expected to be incurred—

i

by the Authority,

ii

by the Secretary of State, or

iii

by a relevant designated person,

in connection with the performance of functions conferred by or under sections 32N to 32Z2;

b

into the Consolidated Fund of Northern Ireland in respect of costs (or a proportion of costs) which have been or are expected to be incurred—

i

by the Northern Ireland authority, or

ii

by the Northern Ireland department,

in connection with the performance of functions conferred by or under sections 32N to 32Z2.

7

For the purposes of subsection (6)(a), “relevant designated person” means a person who is designated—

a

as the purchasing body of GB certificates by virtue of being an eligible person within section 32N(6)(a) (CFD counterparty);

b

as the purchasing body of NI certificates by virtue of being an eligible person within section 32N(7) (CFD counterparty);

c

as an administrator of the levy by virtue of being an eligible person within section 32P(9)(a) or (10)(a) (CFD counterparty).

8

The order—

a

may exclude amounts of a specified description from being used as mentioned in subsection (6);

b

may prevent the administrator using amounts to make payments in respect of costs of a specified description.

9

The purchasing body of GB certificates must, if directed to do so by the Secretary of State, pay into the Consolidated Fund any amounts received under subsection (2) that it would (but for the direction) be able to use under subsection (3) for the purpose of discharging the purchase obligation in respect of GB certificates.

10

The purchasing body of NI certificates must, if directed to do so by the Secretary of State, pay into the Consolidated Fund of Northern Ireland any amounts received under subsection (2) that it would (but for the direction) be able to use under subsection (3) for the purpose of discharging the purchase obligation in respect of NI certificates.

11

In this section “the order”, in relation to the certificate purchase levy, means the certificate purchase order that imposes the levy.