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PART VII N.I.FINANCIAL PROVISIONS

CHAPTER IIN.I.FINANCIAL ASSISTANCE FOR UNDERTAKERS

Grants by the Department to relevant undertakersN.I.

213.—(1) The Department may make grants to relevant undertakers for the purpose of defraying or contributing towards(

(a)any costs they may incur; or

(b)any losses they may sustain,

by reason of compliance with requirements imposed by regulations under Article 202.

(2) A grant under paragraph (1)—

(a)shall be of such amount;

(b)shall be payable at such time or times; and

(c)shall be paid subject to such conditions,

as the Department, with the approval of DFP, may determine.

(3) The Department shall make grants to relevant undertakers of amounts appearing to the Department to be equal to discounts provided by undertakers in respect of any charges payable to them in, or in respect of, [F1the period ending on 31st March 2027].

[F2(4A) The Department may by order amend paragraph (3) by substituting, for the date which is for the time being mentioned in it, such other date as the Department considers appropriate.

(4B) An order must not be made under paragraph (4A) unless a draft of the order has been laid before, and approved by a resolution of, the Assembly.]

(5) Grants under paragraph (3)—

(a)shall be payable at such time or times; and

(b)shall be paid subject to such conditions,

as the Department, with the approval of DFP, may determine.

Textual Amendments

F2Art. 213(4A)(4B) substituted for art. 213(4) (23.3.2016) by Water and Sewerage Services Act (Northern Ireland) 2016 (c. 7), ss. 1(3), 8

Commencement Information

I1Art. 213 wholly in operation at 1.4.2007, see art. 1(2) and S.R. 2007/194, art. 2(2), Sch. 1 Pt. II (subject to art. 3, Sch. 2)