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The Contracts for Difference (Allocation) Regulations 2014
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- UK Statutory Instruments
- 2014 No. 2011
- PART 5
- CHAPTER 3
- Regulation 33
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Commencement of the [F1contract allocation process]E+W+S
This section has no associated Explanatory Memorandum
33.—[F2(A1) Where the delivery body determines that all applications made further to an allocation round are qualifying applications (whether under regulation 17 or following any non-qualification review under regulation 20), the delivery body must commence the [F1contract allocation process] as soon as reasonably practicable after the date of the last notice given under regulation 19, or as the case may be, last non-qualification review notice.]
(1) Where a notice is given under—
(a)regulation 32(1) that no review notice has been received, the delivery body must commence the [F1contract allocation process] as soon as practicable after the date on which the delivery body gives the notice;
(b)regulation 32(3) that no qualification appeal has been received, the delivery body must commence the [F1contract allocation process] as soon as practicable after the date on which the delivery body receives the notice;
(c)regulation 32(5) or (7) which states that no qualification appeal is not determined, the delivery body must commence the [F1contract allocation process] as soon as practicable after the date on which the delivery body receives the notice;
(d)regulation 32(9) which states that at least one qualification appeal is not determined, the delivery body must not commence the [F1contract allocation process] unless the delivery body receives a notice under paragraph (2).
(2) The Secretary of State may give a notice to the delivery body which directs the delivery body to commence the [F1contract allocation process] on the date stated in the notice (“the directed date”), which must be a date after the appeals deadline date.
(3) Where a notice is given under paragraph (2), the Secretary of State may withdraw it by giving a notice to that effect to the delivery body at any time before the directed date.
(4) A copy of a notice given under paragraph (2) or (3) must be given by the Secretary of State to the Authority.
(5) Where—
(a)before the directed date a qualification appeal is determined; and
(b)the application subject to the qualification appeal is determined as a qualifying application,
the Authority must immediately give a notice to the Secretary of State and the delivery body stating details of that qualifying application.
(6) Where further to this regulation the delivery body must commence the [F1contract allocation process], the delivery body must give a notice to the CFD counterparty which states—
(a)when the [F1contract allocation process] has commenced; and
(b)which qualification appeals are not determined at that date.
Textual Amendments
F1Words in reg. 33 substituted (13.6.2024) by The Contracts for Difference (Sustainable Industry Rewards) Regulations 2024 (S.I. 2024/710), regs. 1(1), 36
F2Reg. 33(A1) inserted (25.6.2021) by The Contracts for Difference (Miscellaneous Amendments) Regulations 2021 (S.I. 2021/758), regs. 1(1), 24
Commencement Information
I1Reg. 33 in force at 1.8.2014, see reg. 1(1)
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