The Contracts for Difference (Allocation) Regulations 2014
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Change 1
4A Establishing application windows
(1) Subject to paragraphs (2) to (5), where the Secretary of State establishes an allocation round, the Secretary of State must by notice (“an application window notice”) establish an application window. (2) An application window notice must— (a) be given to the delivery body and the CFD counterparty; and (b) state— (i) the allocation round to which the notice applies; (ii) the first date on which an application for a CFD to be allocated further to that round may be made (“the application opening date”); (iii) the date by which an application for a CFD to be allocated further to that round must be made (“the application closing date”), which must not be earlier than 10 working days after the application opening date; and (iv) which delivery year or years apply to any CFDs to be allocated further to the allocation round to which the notice applies. (3) The application opening date must not be earlier than— (a) the date which is 10 working days after the date of the application window notice; or (b) where the allocation round to which the application window notice applies is one to which a sustainable industry reward allocation framework applies, the date which is the day after the day the sustainable industry reward allocation process concludes. (4) Where the CFDs to be allocated further to an allocation round are restricted to particular types of eligible generator or eligible generating station, the application window notice must state the restriction. (5) Where an exemptions request notice is given, an application window notice which immediately follows the exemptions request notice must not state an application opening date which is earlier than 25 working days after the closing date stated in the exemptions request notice.
4A Establishing application windows
(1) Subject to paragraphs (2) to (5), where the Secretary of State establishes an allocation round, the Secretary of State must by notice (“an application window notice”) establish an application window. (2) An application window notice must— (a) be given to the delivery body and the CFD counterparty; and (b) state— (i) the allocation round to which the notice applies; (ii) the first date on which an application for a CFD to be allocated further to that round may be made (“the application opening date”); (iii) the date by which an application for a CFD to be allocated further to that round must be made (“the application closing date”), which must not be earlier than 10 working days after the application opening date; and (iv) which delivery year or years apply to any CFDs to be allocated further to the allocation round to which the notice applies. (3) The application opening date must not be earlier than— (a) the date which is 10 working days after the date of the application window notice; or (b) where the allocation round to which the application window notice applies is one to which a sustainable industry reward allocation framework applies, the date which is the day after the day the sustainable industry reward allocation process concludes. (4) Where the CFDs to be allocated further to an allocation round are restricted to particular types of eligible generator or eligible generating station, the application window notice must state the restriction. (5) Where an exemptions request notice is given, an application window notice which immediately follows the exemptions request notice must not state an application opening date which is earlier than 25 working days after the closing date stated in the exemptions request notice.
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