61.—(1) This article applies for the purpose of determining the amount of the building fabric repair increase (“BFR”) in the formula in article 55(2).
(2) For the purposes of this article, the Administrator must—
(a)determine the amount of building fabric repair expenditure in connection with the ECO4 project in accordance with article 62; and
(b)if the amount of building fabric repair expenditure in connection with the ECO4 project is £50 or more, determine, in accordance with article 63, whether the participant’s building fabric repair allowance is exhausted.
(3) The building fabric repair increase (“BFR”) is—
(a)£0, where—
(i)the amount of building fabric repair expenditure in connection with the ECO4 project is less than £50; or
(ii)where the participant’s building fabric repair allowance is exhausted;
(b)in any other case, the amount calculated in accordance with the following formula(1)—
Q / £17.83.
(4) In paragraph (3)(b), “Q” is—
(a)£125, where the building fabric repair expenditure is between £50 and £200 (both inclusive);
(b)£351, where the building fabric repair expenditure is between £201 and £500 (both inclusive);
(c)£751, where the building fabric repair expenditure is between £501 and £1,000 (both inclusive);
(d)£1,251, where the building fabric repair expenditure is £1,001 or more.
Commencement Information
I1Art. 61 in force at 27.7.2022, see art. 1(1)
£17.83 is the cost that the Department for Business, Energy and Industrial Strategy has estimated would be incurred by a participant in delivering each £1 in the annual cost savings attributable to the qualifying action.