The Carbon Dioxide Transport and Storage Revenue Support (Directions and Counterparty) Regulations 2024
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Change 1
5 Publication of revenue support contracts
(1) A counterparty must, subject to any redaction required by virtue of paragraph (2), publish each revenue support contract to which it is a party as soon as reasonably practicable. (2) The counterparty must redact from a revenue support contract required to be published by virtue of paragraph (1), any parts of that contract which— (a) a term of that contract provides should be redacted from the contract as published; (b) the Secretary of State by notice in writing requires the counterparty to redact; or (c) contain personal data. (3) The Secretary of State may only give the counterparty a notice under paragraph (2)(b) where the Secretary of State considers that those parts of the contract that the Secretary of State requires to be redacted contain information which— (a) constitutes a trade secret; or (b) if disclosed, would— (i) be likely to be harmful to the commercial interests of any person; or (ii) give rise to an actionable breach of confidence. (4) Nothing in this regulation prevents the inclusion on the register established and maintained under regulation 6(2) of information that the counterparty is required to enter onto that register.
5 Publication of revenue support contracts
(1) A counterparty must, subject to any redaction required by virtue of paragraph (2), publish each revenue support contract to which it is a party as soon as reasonably practicable. (2) The counterparty must redact from a revenue support contract required to be published by virtue of paragraph (1), any parts of that contract which— (a) a term of that contract provides should be redacted from the contract as published; (b) the Secretary of State by notice in writing requires the counterparty to redact; or (c) contain personal data. (3) The Secretary of State may only give the counterparty a notice under paragraph (2)(b) where the Secretary of State considers that those parts of the contract that the Secretary of State requires to be redacted contain information which— (a) constitutes a trade secret; or (b) if disclosed, would— (i) be likely to be harmful to the commercial interests of any person; or (ii) give rise to an actionable breach of confidence. (4) Nothing in this regulation prevents the inclusion on the register established and maintained under regulation 6(2) of information that the counterparty is required to enter onto that register.
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