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PART 4 E+W+SAchievement of obligations, determining savings and surplus actions

Transfers of qualifying actionsE+W+S

26.—(1) A qualifying action achieved by a supplier (“A”) may be regarded as achieved by another supplier (“B”) (“a transfer”) if that transfer is approved by the Administrator.

(2) A and B must—

(a)apply for approval in writing to the Administrator by no later than 30th April 2017;

(b)provide to the Administrator such information as the Administrator may reasonably require; and

(c)indicate whether B intends the qualifying action to be credited towards B's—

(i)total carbon emissions reduction obligation;

(ii)total carbon saving community obligation; or

(iii)total home heating cost reduction obligation.

(3) The Administrator must approve a transfer unless—

(a)B has indicated that it intends the qualifying action to be credited towards a different obligation to the one it is credited against at the time the application is made; and

(b)in a case where sub-paragraph (a) applies, the Administrator is not satisfied that the qualifying action meets the applicable requirements in articles 12 to 16 in respect of that different obligation.

(4) If the Administrator decides not to approve a transfer under paragraph (3) it must notify A and B of the reasons for that decision.

(5) If a transfer is approved, the qualifying action is treated as achieved by B and not A.