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SCHEDULES

SCHEDULE 6E+W+SCommunity electricity right regulations

PART 1 E+W+SThe right to buy

The price of the stakesE+W+S

9(1)Right to buy regulations must make provision about setting the price of the available stakes in a qualifying facility.E+W+S

(2)In making the regulations, the Secretary of State must have regard to the desirability of the prices of available stakes reflecting a measure of fair value.

(3)In this paragraph “available stakes”, in relation to a qualifying facility, means the stakes in the qualifying facility that are to be offered through the right to buy.

Commencement Information

I1Sch. 6 para. 9 in force at 1.6.2016, see s. 57(7)(a)