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PART 2Amendments to the Domestic Renewable Heat Incentive Scheme Regulations 2014

Amendments to the Domestic Renewable Heat Incentive Scheme Regulations 2014

2.  The Domestic Renewable Heat Incentive Scheme Regulations 2014(1) are amended in accordance with this Part.

Amendments to regulation 2 (interpretation)

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;”.

Amendments to regulation 22A (investor applications)

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.”.

New regulation 26A (investors and RHI payments)

5.  After regulation 26 insert—

“Investors and RHI payments

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.”.

Amendments to regulation 39 (ongoing obligations: general)

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”.

Amendment to Schedule 4 (information required for accreditation)

7.  In paragraph 1(g) of Schedule 4, after “RHI payments” insert “or MM payments”.