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SCHEDULES

SCHEDULE 6E+W+SCommunity electricity right regulations

PART 1 E+W+SThe right to buy

Kinds of stake which may be bought through the right to buyE+W+S

7(1)Right to buy regulations must specify the kinds of stakes in qualifying facilities which may be bought through the right to buy.E+W+S

(2)A stake may take any of the following forms—

(a)one or more shares in a company;

(b)any other interest in a body other than a company;

(c)an equitable interest;

(d)a right to a royalty related to revenues;

(e)a loan.

(3)Right to buy regulations may make provision about the rights, obligations, powers and other terms attaching to a stake.

Commencement Information

I1Sch. 6 para. 7 in force at 1.6.2016, see s. 57(7)(a)