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Article 8
1. Pursuant to the Energy Act 2004 (Assistance for Areas with High Distribution Costs) Order 2005 the licensee shall in respect to each relevant year pay to a relevant distributor the assistance amount in the proportions specified in the table below and on the payment dates specified therein.
Payment dates | Proportion of assistance amount paid on payment date |
---|---|
15 September | 23% |
15 December | 22%' |
15 March | 27% |
15 June | 28% |
2. For the avoidance of doubt, the payments required by this condition shall be made to a relevant distributor by the licensee whether or not sufficient monies have been received by the licensee from authorised suppliers pursuant to standard condition C21 (Assistance for areas with high distribution costs scheme: payment from authorised suppliers).
3. In this condition:
“assistance amount” | means the amount paid by the licensee to a relevant distributor in relation to any relevant year made pursuant to this condition as specified in or calculated in accordance with paragraph 2 of standard condition C20 (Assistance for areas with high distribution costs scheme: restriction on revenue). |
“relevant distributor” | has the same meaning as in section 184 of the Energy Act 2004. |
“relevant year” | means a year beginning on 1 April of each calendar year and ending on 31 March of the following calendar year. |
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