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The Nuclear Regulated Asset Base Model (Revenue Collection) Regulations 2023
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- UK Statutory Instruments
- 2023 No. 254
- PART 4
- CHAPTER 2
- Regulation 35
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Application of apportionment to revenue collection contracts
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35.—(1) This regulation applies where a revenue collection contract contains a term that makes reference to amounts allocated pursuant to these Regulations (however that revenue collection contract describes these Regulations).
(2) Where both this regulation and regulation 34 apply, the amount allocated to that revenue collection contract, for the purposes of that term, is the amount calculated under regulation 34(3) which may be used by the revenue collection counterparty to make revenue collection counterparty payments in relation to that revenue collection contract.
(3) In all other cases where this regulation applies, the amount allocated to a revenue collection contract, for the purposes of that term, is the amount which is owed by the revenue collection counterparty in relation to that revenue collection contract.
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