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2. The Domestic Renewable Heat Incentive Scheme Regulations 2014(1) are amended in accordance with this Part.
3. In regulation 2(1), for the definition of “investor” substitute—
““investor” means a person who provides funding in relation to any of the cost of the purchase or installation of a plant in return for RHI payments and enters into a contract with an applicant or participant in respect of such arrangement, or a person who intends to do so;”.
4. For regulation 22A(1) substitute—
“(1) An investor may apply to the Authority, on or after 27th June 2018, to be registered as an RI for the purposes of these Regulations.”.
5. After regulation 26 insert—
26A. In relation to an accredited domestic plant with a tariff start date on or after 27th June 2018, an investor may only receive RHI payments, directly or indirectly, if they are an NRI.”.
6. In regulation 39—
(a)after paragraph (l) omit “and”,
(b)after paragraph (m) insert—
“; and
(n)in relation to an accredited domestic plant with a tariff start date on or after 27th June 2018, P must ensure that RHI payments are not made to an investor, directly or indirectly, unless the investor is an NRI”.
7. In paragraph 1(g) of Schedule 4, after “RHI payments” insert “or MM payments”.
S.I. 2014/928 amended by S.I. 2015/143, 2015/145, 2015/1459, 2016/257, 2017/727, 2017/857 and 2018/610.
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