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The Energy Act 2004 (Assistance for Areas with High Distribution Costs) Order 2005

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Article 8

SCHEDULE 9Modification to licences granted to authorised transmitters

This schedule has no associated Explanatory Memorandum

Condition C23. Assistance for areas with high distribution costs scheme: annual statement

1.  As soon as practicable after issuing the last invoice in any relevant year pursuant to standard condition C21 (Assistance for areas with high distribution costs scheme: payments from authorised suppliers) the licensee shall provide the Authority and a relevant distributor with a statement of the total scheme amount and the mechanism for and the values of the components used in the calculation of the same with respect to the relevant year.

2.  In this condition:

“authorised supplier”has the same meaning as in section 184 of the Energy Act 2004.
“relevant distributor”has the same meaning as in section 184 of the Energy Act 2004.
“relevant year”means a year beginning on 1 April of each calendar year and ending on 31 March of the following calendar year.
“total scheme amount”means the maximum allowable revenue of the licensee in relation to the assistance for areas with high distribution costs scheme with the value specified in or as calculated in accordance with paragraph 1 of standard condition C20 (Assistance for areas with high distribution costs scheme: restriction on revenue).

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