98
In forceRefund of charge where certificates surrendered
Part 8Refunding large‑scale generation shortfall charge
98 Refund of charge where certificates surrendered
If a liable entity surrenders large‑scale generation certificates under section 95, the Regulator must pay the liable entity the amount worked out using the formula:
Start formula Certificate value minus Administration fee end formula
where:
administration fee is the amount worked out under the regulations.
Regulations
This provision refers to the regulations (the regulations
). Made under this Act:
- Renewable Energy (Electricity) Regulations 2001 · under s 161
This Act’s bill:Explanatory memorandumSecond reading speech
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