SCHEDULES

SCHEDULE 6E+W+SCommunity electricity right regulations

PART 2 E+W+SOperators, ownership & related matters

“Operator and ownership regulations” E+W+S

14E+W+SIn this Schedule “operator and ownership regulations” means regulations under subsection (2) of section 38.

Commencement Information

I1Sch. 6 para. 14 in force at 1.6.2016, see s. 57(7)(a)

Bodies that may be facility operatorsE+W+S

15E+W+SIf operator and ownership regulations specify two or more kinds of bodies which may be a facility operator, the regulations may make provision about which kind of body may own which kind of facility in which circumstances.

Commencement Information

I2Sch. 6 para. 15 in force at 1.6.2016, see s. 57(7)(a)

Constitutions of facility operatorsE+W+S

16(1)Operator and ownership regulations may require the constitution of a facility operator to be in accordance with provision specified in the regulations.E+W+S

(2)In the case of a facility operator that is a company, the regulations may require the constitution of the company to be in accordance with provision about—

(a)the voting rights attached to, or other characteristics of, shares in the company;

(b)the issuing of new shares in the company.

Commencement Information

I3Sch. 6 para. 16 in force at 1.6.2016, see s. 57(7)(a)

Ownership of facility operatorsE+W+S

17(1)Operator and ownership regulations may make provision about the ownership of facility operators.E+W+S

(2)The regulations may—

(a)impose limitations on who may own a facility operator;

(b)require the owners of a facility operator to consist of, or include, one or more persons of a kind specified in the regulations.

Commencement Information

I4Sch. 6 para. 17 in force at 1.6.2016, see s. 57(7)(a)

Conduct of owners of facility operatorsE+W+S

18(1)Operator and ownership regulations may make provision about the conduct of the owners of facility operators.E+W+S

(2)The regulations may impose duties, restrictions or prohibitions in relation to the exercise of rights or powers of owners (including a right or power to exercise a vote attached to a share).

Commencement Information

I5Sch. 6 para. 18 in force at 1.6.2016, see s. 57(7)(a)

RevenuesE+W+S

19(1)Operator and ownership regulations may make provision about the treatment of the revenues earned by a qualifying facility.E+W+S

(2)The regulations may restrict or prohibit the making of arrangements affecting the destination of the revenues.

Commencement Information

I6Sch. 6 para. 19 in force at 1.6.2016, see s. 57(7)(a)