Scheme Regulator to determine scheme liable use

Current

(1)

The Scheme Regulator must determine the scheme liable use for a compliance period by adding together each scheme participant’s individual liable use for the compliance period.

(2)

The Scheme Regulator must publish on its website the scheme liable use for a compliance period by—

(a)

15 November in the compliance period, or

(b)

a later day notified by the Scheme Regulator on its website before 15 November.

(3)

The Scheme Regulator may not amend the scheme liable use for a compliance period after it has been published under subclause (2).

This Act’s bill:Explanatory memorandum Second reading speech

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156 Scheme Regulator to determine scheme liable use