The Green Deal (Acknowledgment) Regulations 2012
Citation and commencement1.
Interpretation2.
In these Regulations—
“acknowledgment” means an acknowledgment required by section 14 of the Act or regulation 44, 46, 48 or 50 of the Framework Regulations;
“the Act” means the Energy Act 2011;
“early repayment term” means a term included in a green deal plan pursuant to regulation 38 of the Framework Regulations;
“green deal plan” has the meaning given in section 1 of the Act;
“green deal property” has the meaning given in section 12(5)(b) of the Act; and
“relevant document” means, in respect of a green deal property, a document (other than a green deal plan) described in section 14(2) of the Act or a document described in regulation 46(1)(b) of the Framework Regulations.
Form of acknowledgment where green deal plan contains an early repayment term3.
(1)
This regulation applies where an acknowledgment is required and the green deal plan contains an early repayment term.
(2)
An acknowledgment must—
(a)
be in the form set out in paragraph (3) or be in substantially the same form; and
(b)
where the acknowledgment is required to be given in a relevant document, be placed in a prominent position in that document.
(3)
Form of acknowledgment where green deal plan does not contain an early repayment term4.
(1)
This regulation applies where an acknowledgment is required and the green deal plan does not contain an early repayment term.
(2)
An acknowledgment must—
(a)
be in the form set out in paragraph (3) or be in substantially the same form; and
(b)
where the acknowledgment is required to be given in a relevant document, be placed in a prominent position in that document.
(3)
Circumstances where acknowledgment is not required on sale or letting out5.
These Regulations are one of a number of statutory instruments which establish the green deal energy efficiency scheme (“the Green Deal Scheme”) using powers conferred by Chapter 1 of Part 1 of the Energy Act 2011 (c.16.) (“the Act”).
Regulation 1 provides for the commencement of these Regulations.
Regulation 2 defines terms that are used in the Regulations.
Regulation 3 provides for the form of acknowledgment that must be used where a green deal plan contains a term allowing a green deal provider to require early repayment of credit.
Regulation 4 provides for the form of acknowledgment that must be used where a green deal plan does not contain a term allowing a green deal provider to require early repayment of credit.
Regulation 5 provides for the circumstances in which a person will not be required to obtain an acknowledgment under section 14(2) of the Act.
A full regulatory impact assessment has not been produced for this instrument as no impact on the private or voluntary sectors is foreseen. However, a full impact assessment of the effect that the Green Deal Scheme will have on the costs of business and the voluntary sector is available from the Green Deal Legislation Team, Department of Energy and Climate Change at 3 Whitehall Place, SW1A 2AW and is published with the Explanatory Memorandum alongside the instrument on www.legislation.gov.uk.