The Contracts for Difference (Allocation) Regulations 2014
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Change 1
7 Framework notices
(1) The Secretary of State must by notice (“a contract framework notice”) identify the contract allocation framework which applies to an allocation round. (2) A contract framework notice must— (a) be given to the delivery body and the CFD counterparty; and (b) be given no later than 10 working days before the application opening date, including where the notice is required by regulation 8(3)(b). (3) Where the Secretary of State applies a sustainable reward allocation framework to an allocation round, the Secretary of State must by notice (a “sustainable industry reward framework notice”) identify the sustainable industry reward allocation framework which applies to that allocation round. (4) A sustainable industry reward framework notice must— (a) be given to the delivery body and the CFD counterparty; (b) specify the date on which the sustainable industry reward allocation process will commence...; and (c) must be given as soon as practicable after the date of the allocation round notice establishing the allocation round to which the sustainable industry reward framework notice applies.
7 Framework notices
(1) The Secretary of State must by notice (“a contract framework notice”) identify the contract allocation framework which applies to an allocation round. (2) A contract framework notice must— (a) be given to the delivery body and the CFD counterparty; and (b) be given no later than 10 working days before the application opening date, including where the notice is required by regulation 8(3)(b). (3) Where the Secretary of State applies a sustainable reward allocation framework to an allocation round, the Secretary of State must by notice (a “sustainable industry reward framework notice”) identify the sustainable industry reward allocation framework which applies to that allocation round. (4) A sustainable industry reward framework notice must— (a) be given to the delivery body and the CFD counterparty; (b) specify the date on which the sustainable industry reward allocation process will commence...; and (c) must be given as soon as practicable after the date of the allocation round notice establishing the allocation round to which the sustainable industry reward framework notice applies.
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