Search Legislation

The Contracts for Difference (Electricity Supplier Obligations) Regulations 2014

What Version

 Help about what version
  • Latest available (Revised)
  • Original (As made)

Status:

This is the original version (as it was originally made). This item of legislation is currently only available in its original format.

  1. Introductory Text

  2. PART 1

    1. 1.Citation and commencement

    2. 2.Interpretation

  3. PART 2

    1. CHAPTER 1

      1. 3.The supplier obligation

      2. 4.CFD daily contributions

      3. 5.CFD quarterly contribution

    2. CHAPTER 2

      1. 6.Setting the interim levy rate

      2. 7.Estimated cost, income & electricity supply

      3. 8.Interim rate payments

      4. 9.Data reconciliation of interim rate payments

    3. CHAPTER 3

      1. 10.Reserve payments

      2. 11.Individual suppliers’ reserve amounts

    4. CHAPTER 4

      1. 12.In period adjustments

      2. 13.Adjusted interim levy rate

      3. 14.Additional total reserve amount

    5. CHAPTER 5

      1. 15.Reconciliation payments

      2. 16.Determination of reconciliation payments

    6. CHAPTER 6

      1. 17.Mutualisation

      2. 18.Repayment of mutualised amounts

    7. CHAPTER 7

      1. 19.Requirement to provide collateral

      2. 20.Appropriate letters of credit

      3. 21.Calling of collateral

      4. 22.Withdrawal of collateral and payment of interest

  4. PART 3

    1. CHAPTER 8

      1. 23.The operational costs levy

      2. 24.Repayment of excess

  5. PART 4

    1. CHAPTER 9

      1. 25.Enforcement of requirements

      2. 26.Dispute notices

      3. 27.Determination of disputes

      4. 28.Duties of the CFD counterparty to enforce and notify

      5. 29.Notices and publications

    2. CHAPTER 10

      1. 30.Set-off of payments by the CFD counterparty

      2. 31.Discharge of obligations by payment

      3. 32.Use of payments

      4. 33.Apportioning sums to CFDs

      5. 34.Application of apportionment to CFDs

      6. 35.Interest

  6. Signature

    1. SCHEDULE

      1. 1.Regulation 2 has effect as if— (a) every reference to...

      2. 2.Regulation 3 has effect as if— (a) the reference in...

      3. 3.Regulation 4 has effect as if the reference to “the...

      4. 4.Regulation 5 has effect as if the reference to “the...

      5. 5.Regulation 6 has effect as if— (a) every reference to...

      6. 6.Regulation 7 has effect as if— (a) any reference in...

      7. 7.Regulation 8 has effect as if— (a) the reference in...

      8. 8.Regulation 9 has effect as if— (a) the words “in...

      9. 9.Regulation 10 has effect as if— (a) every reference to...

      10. 10.Regulation 11 has effect as if— (a) the first reference...

      11. 11.Regulation 12 has effect as if every reference to “the...

      12. 12.Regulation 13 has effect as if— (a) the words “in...

      13. 13.Regulation 14 has effect as if— (a) in paragraph (1),...

      14. 14.Regulation 15 has effect as if— (a) the first reference...

      15. 15.Regulation 16 has effect as if— (a) the words “in...

      16. 16.Regulation 17 has effect as if— (a) the words “to...

      17. 17.Regulation 18 has effect as if the references to “the...

      18. 18.Regulation 19 has effect as if— (a) the reference to...

      19. 19.Regulation 20 has effect as if— (a) the words “to...

      20. 20.Regulation 21 has effect as if— (a) the first reference...

      21. 21.Regulation 22 has effect as if— (a) the first reference...

      22. 22.Regulation 23 has effect as if every reference to “the...

      23. 23.Regulation 24 has effect as if any reference in paragraphs...

      24. 24.Regulation 25 has effect as if— (a) the first reference...

      25. 25.Regulation 26 has effect as if the first reference to...

      26. 26.Regulation 27 has effect as if the first reference to...

      27. 27.Regulation 28 has effect as if— (a) every reference in...

      28. 28.Regulation 29 has effect as if— (a) the first reference...

      29. 29.Regulation 30 has effect as if— (a) the first reference...

      30. 30.Regulation 31 has effect as if— (a) the first reference...

      31. 31.Regulation 32 has effect as if— (a) the first reference...

      32. 32.Regulation 33 has effect as if— (a) the first reference...

      33. 33.Regulation 34 has effect as if the words “which is...

  7. Explanatory Note

Back to top

Options/Help

Print Options

Close

Legislation is available in different versions:

Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.

Original (As Enacted or Made):The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.

Close

Opening Options

Different options to open legislation in order to view more content on screen at once

Close

Explanatory Memorandum

Explanatory Memorandum sets out a brief statement of the purpose of a Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Statutory Instrument accessible to readers who are not legally qualified and accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.

Close

More Resources

Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as enacted version that was used for the print copy
  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • correction slips
  • links to related legislation and further information resources
Close

Impact Assessments

Impact Assessments generally accompany all UK Government interventions of a regulatory nature that affect the private sector, civil society organisations and public services. They apply regardless of whether the regulation originates from a domestic or international source and can accompany primary (Acts etc) and secondary legislation (SIs). An Impact Assessment allows those with an interest in the policy area to understand:

  • Why the government is proposing to intervene;
  • The main options the government is considering, and which one is preferred;
  • How and to what extent new policies may impact on them; and,
  • The estimated costs and benefits of proposed measures.
Close

More Resources

Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as made version that was used for the print copy
  • correction slips

Click 'View More' or select 'More Resources' tab for additional information including:

  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • links to related legislation and further information resources