The Carbon Capture Revenue Support (Directions, Eligibility and Counterparty) Regulations 2024
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Change 1
7 Revocation of a direction by the Secretary of State
(1) The Secretary of State may by notice in writing revoke a direction given pursuant to section 68(1) of the Act provided that, where an offer has been made pursuant to that direction, that offer has not been accepted in writing by the eligible carbon capture entity to which it was made. (2) A notice given under paragraph (1) is of no effect unless it is delivered to the eligible carbon capture entity named in that direction and the carbon capture counterparty. (3) A notice given under paragraph (1) must specify the date on which it is made and identify the direction to which it relates.
7 Revocation of a direction by the Secretary of State
(1) The Secretary of State may by notice in writing revoke a direction given pursuant to section 68(1) of the Act provided that, where an offer has been made pursuant to that direction, that offer has not been accepted in writing by the eligible carbon capture entity to which it was made. (2) A notice given under paragraph (1) is of no effect unless it is delivered to the eligible carbon capture entity named in that direction and the carbon capture counterparty. (3) A notice given under paragraph (1) must specify the date on which it is made and identify the direction to which it relates.
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