SCHEDULES
SCHEDULE 6Community electricity right regulations
PART 1The right to buy
The price of the stakes
9
(1)
Right to buy regulations must make provision about setting the price of the available stakes in a qualifying facility.
(2)
In making the regulations, the Secretary of State must have regard to the desirability of the prices of available stakes reflecting a measure of fair value.
(3)
In this paragraph “available stakes”, in relation to a qualifying facility, means the stakes in the qualifying facility that are to be offered through the right to buy.