Statutory Instruments
2014 No. 3262
Climate Change
Emissions Trading
The CRC Energy Efficiency Scheme (Allocation of Allowances for Payment) (Amendment) (No. 2) Regulations 2014
Made
10th December 2014
Laid before the House of Commons
11th December 2014
Coming into force
1st April 2015
The Treasury make the following Regulations in exercise of the powers conferred by section 21(1), (2) and (3) of the Finance Act 2008( 1 ).
Citation and commencement
1. These Regulations may be cited as the CRC Energy Efficiency Scheme (Allocation of Allowances for Payment) (Amendment) (No. 2) Regulations 2014 and come into force on 1st April 2015.
Amendments to the CRC Energy Efficiency Scheme (Allocation of Allowances for Payment) Regulations 2013
2. —(1) The CRC Energy Efficiency Scheme (Allocation of Allowances for Payment) Regulations 2013( 2 ) are amended as follows.
(2) In regulation 7 (payment for allowances)—
(a) omit paragraph (A1);
(b) in paragraph (1) omit the words “in any other year”;
(c) in paragraphs (1)(a) and (b), after the word “period”, insert “in 2015”;
(d) after paragraph (1)(b) insert—
“ (c) in a forecast application period in any other year is £16.10;
(d) in a compliance application period in any other year is £16.90. ” ;
(e) for paragraph (2)(b) substitute—
“ (b) in relation to 2015 is £16.40;
(c) in relation to any other year is £16.90. ” .
(3) In regulation 9 (payments)—
(a) after paragraph (2) insert—
“ (2A) Payments under these Regulations may not be made by credit card. ” ;
(b) after paragraph (5) insert—
“ (6) In this regulation “credit card” means a card which is a credit-token within the meaning of section 14 of the Consumer Credit Act 1974 ( 3 ) . ” .
Alun Cairns
Mark Lancaster
Two of the Lords Commissioners of Her Majesty’s Treasury
10th December 2014