The Electricity Supplier Obligations (Amendment & Excluded Electricity) Regulations 2015

[F1Relevant period for a businessU.K.

This section has no associated Explanatory Memorandum

9.—(1) The relevant period for a person’s business for the purposes of an EII application is—

(a)in respect of a new business, the period of at least six months prior to the relevant date—

(i)throughout which the person was carrying out a specified activity in the course of business, and

(ii)in respect of which there is financial data in relation to that business;

(b)in respect of any other business, to be determined in accordance with paragraph (2).

(2) Where on the relevant date a person has, in respect of their business—

(a)annual accounts for three or more consecutive business years commencing after 1st January 2012, the relevant period is the three most recent consecutive business years for which there are annual accounts in respect of the business;

(b)annual accounts for two, but not three, consecutive business years commencing after 1st January 2012, the relevant period is those two business years; or

(c)annual accounts for one, but not two, business years commencing after 1st January 2012, the relevant period is that business year.

(3) For the purposes of this regulation the relevant date is the date on which a person applies for an EII certificate in respect of their business.]

Textual Amendments