The Nuclear Regulated Asset Base Model (Revenue Collection) Regulations 2023 No. 254 xmlns:atom="http://www.w3.org/2005/Atom"
Introductory Text
PART 1 Introduction
1.Citation, commencement and extent
2.Interpretation
PART 2 Supplier obligation
CHAPTER 1 The supplier obligation
3.The supplier obligation
4.RCC period contribution
CHAPTER 2 Interim daily levy
5.Setting the interim levy rate
6.Estimated cost, income & electricity supply
7.Interim rate payments
8.Data reconciliation of interim rate payments
CHAPTER 3 Payments for reserve
9.Reserve payments
10.Individual suppliers’ reserve amounts
CHAPTER 4 Adjustments to interim rate and additional reserve payments
11.In period adjustments
12.Adjusted interim levy rate
13.Additional total reserve amount
14.Determination of reduced total reserve amount
CHAPTER 5 Reconciliation payments
15.Reconciliation payments
16.Determination of reconciliation payments
CHAPTER 6 Mutualisation
17.Mutualisation
18.Repayment of mutualised amounts
CHAPTER 7 Collateral
19.Requirement to provide collateral
20.Appropriate letters of credit
21.Calling of collateral
22.Withdrawal of collateral and payment of interest
PART 3 Operational costs
23.The operational costs levy
24.Repayment of excess
PART 4 Miscellaneous
CHAPTER 1 Enforcement and disputes
25.Enforcement of requirements
26.Dispute notices
27.Determination of disputes
28.Duties of the revenue collection counterparty to enforce and notify
29.Notices and publications
CHAPTER 2 Effect of payment and interest
30.Set-off of payments by the revenue collection counterparty
31.Netting of payments by the revenue collection counterparty
32.Discharge of obligations by payment
33.Use of payments
34.Apportioning sums to revenue collection contracts
35.Application of apportionment to revenue collection contracts
36.Interest
PART 5 Directions to offer to contract
37.Directions under section 18 of the Act
38.Form and content of specified terms
39.Revocation of directions
40.Publication of revenue collection contracts
41.Interpretation of Part 5
PART 6 Information and advice
42.Requests for information
43.Provision of information other than by request
44.Provision of advice to the Secretary of State
45.Restrictions on disclosing information or advice
46.Supplementary provision for Part 6
47.Interpretation of Part 6
Signature
SCHEDULE
1.Regulation 2 has effect as if— (a) every reference to...
2.Regulation 3 has effect as if— (a) in paragraph (1),...
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10.Regulation 11 has effect as if every reference to “the...
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16.Regulation 17 has effect as if— (a) in paragraph (1),...
17.Regulation 18 has effect as if the references to “the...
18.Regulation 19 has effect as if— (a) in paragraph (2)—...
19.Regulation 20 has effect as if— (a) in paragraph (1)(b),...
20.Regulation 21 has effect as if— (a) in paragraphs (1),...
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22.Regulation 23 has effect as if every reference to “the...
23.Regulation 24 has effect as if the references in paragraphs...
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25.Regulation 26 has effect as if the first reference to...
26.Regulation 27 has effect as if— (a) in paragraphs (5)...
27.Regulation 28 has effect as if— (a) every reference in...
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30.Regulation 31 has effect as if— (a) in paragraph (1),...
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34.Regulation 39 has effect as if— (a) in paragraph (2)(c),...
35.Regulation 40 has effect as if the reference to “the...
36.Regulation 42 has effect as if— (a) in paragraphs (1),...
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38.Regulations 44, 46 and 47 have effect as if each...
39.Regulation 45(2)(e) has effect as if— (a) the first reference...
Explanatory Note