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The Contracts for Difference (Allocation) Regulations 2014

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8.—(1) Subject to paragraph (2), the Secretary of State may—

(a)amend or add to the provisions of [F1a contract allocation framework identified in a contract framework notice]; or

(b)subject to paragraph (3), remove the application of [F2a contract allocation framework] to an allocation round.

(2) No amendment, addition or removal under paragraph (1) may be made later than 10 working days before the [F3application opening date].

[F4(2A) Subject to paragraph (2B), the Secretary of State may amend or add to the provisions of a sustainable industry reward allocation framework identified in a sustainable industry reward allocation framework notice.

(2B) No amendment or addition under paragraph (2A) may be made later than [F510] working days before the date on which the sustainable industry reward allocation process will commence, as specified in the sustainable industry reward framework notice or in a sustainable industry reward framework revision notice.

(2C) Subject to paragraph (5)(d), the Secretary of State may vary the date on which the sustainable industry reward allocation process will commence, as specified in the sustainable industry reward framework notice, or in a sustainable industry reward framework revision notice.]

(3) Where the application of [F6a contract allocation framework] to an allocation round is to be removed, the Secretary of State must—

(a)unless the allocation round is terminated, ensure that another [F7contract allocation framework] applies to the allocation round; and

(b)comply with regulation 7 in respect of that other [F8contract allocation framework].

(4) [F9Where the Secretary of State amends or adds to the provisions of a contract allocation framework, or removes a contract allocation framework, the Secretary of State must give a notice (“a contract framework revision notice”) to the delivery body and the CFD counterparty which states—]

(a)the date on which [F10the] amendment, addition or removal has effect, which must not be earlier than the date of the notice;

(b)how [F11a contract allocation framework] has been amended or added to; and

(c)where the [F12contract allocation framework] is to apply to more than one allocation round, the allocation round or rounds affected by the amendment, addition or removal.

[F13(5) Where the Secretary of State amends or adds to the provisions of a sustainable industry reward allocation framework, or varies the date specified in the sustainable industry reward framework notice as the date on which the sustainable industry reward allocation process will commence, the Secretary of State must give a notice (“a sustainable industry reward framework revision notice”) to the delivery body and the CFD counterparty which states, where applicable—

(a)the date on which an amendment or addition to the sustainable industry reward allocation framework has effect, which must not be earlier than the date of the notice;

(b)how the sustainable industry reward allocation framework has been amended or added to;

(c)where the sustainable industry reward allocation framework is to apply to more than one allocation round, the allocation round or rounds affected by the amendment or addition; and

(d)the varied date on which the sustainable industry reward allocation process will commenceF14....]

Textual Amendments

Commencement Information

I1Reg. 8 in force at 1.8.2014, see reg. 1(1)

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