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The Green Gas Support Scheme Regulations 2021
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- UK Statutory Instruments
- 2021 No. 1335
- PART 7
- CHAPTER 2
- Regulation 40
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- Sch. 1A inserted by S.I. 2024/642 reg. 16
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- reg. 51(9A)(9B) inserted by S.I. 2023/1317 reg. 8(1)(d)
- reg. 55(2A)(2B) inserted by S.I. 2023/1317 reg. 9(c)
Calculation and notification of quarterly levy paymentsE+W+S
This section has no associated Explanatory Memorandum
40.—(1) The Authority must calculate the quarterly levy payment payable by a scheme supplier (the “quarterly levy payment”), in relation to each quarter of the scheme year beginning with 1st April 2022 and subsequent scheme years, as follows—
where—
(a)LR is the levy rate for the scheme year in which the previous quarter fell,
(b)M—
(i)in relation to the quarter beginning with 1st April 2022, is the sum of the meter point data for that scheme supplier for each day of the period beginning with 30th November 2021 and ending with 31st March 2022, as notified or determined under regulation 48,
(ii)in relation to the quarter beginning with 1st July 2022 and subsequent quarters, is the sum of the meter point data for that scheme supplier for each day of the previous quarter, as notified or determined under regulation 48.
(2) The Authority must notify a scheme supplier, by the relevant dates specified in the scheme schedule, of the quarterly levy payments payable by that supplier.
(3) The notification referred to in paragraph (2) must—
(a)specify—
(i)the amount of the quarterly levy payment payable by the supplier,
(ii)the date by which the amount must be paid, being a date not less than 14 days after the date of the notification, and
(iii)details of how the payment must be made, and
(b)include information about the matters mentioned in—
(i)regulation 54 (interest on late payments), and
(ii)regulation 55 (draw down of credit cover).
(4) A scheme supplier must pay quarterly levy payments to the Authority in accordance with any notification referred to in paragraph (2).
(5) Amounts paid to the Authority under this regulation must be paid into a bank account with the Authority as the beneficiary.
Commencement Information
I1Reg. 40 in force at 30.11.2021, see reg. 1(1)
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