The Marine Recovery Funds Regulations 2025
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Change 1
2 Interpretation
In these Regulations— “allocated measure” has the meaning given in regulation 8(3)(a); “approved measure” means a measure in relation to which approval has been given under regulation 6(1); “measure” means a measure to compensate for adverse environmental effects of relevant offshore wind activities; “MRF” means a marine recovery fund established under regulation 3(1); “MRF applicant” means a person who makes an MRF application; “MRF application” means an application to the Secretary of State to make an MRF payment, made in accordance with a procedure determined under regulation 7(1); “MRF contract” means an agreement which falls within regulation 9 (meaning of MRF contract); “MRF participant” means a party to an MRF contract who falls within the description in regulation 9(a)(i) (parties to an MRF contract); “MRF payment” means a payment into an MRF which is made by an MRF participant— in accordance with an MRF contract, in respect of an allocated measure, and for the purpose of discharging all or part of a compensation condition imposed on a person in connection with the granting of consent to carry out the relevant offshore wind activity for whose adverse environmental effects the allocated measure is to compensate.
2 Interpretation
In these Regulations— “allocated measure” has the meaning given in regulation 8(3)(a); “approved measure” means a measure in relation to which approval has been given under regulation 6(1); “measure” means a measure to compensate for adverse environmental effects of relevant offshore wind activities; “MRF” means a marine recovery fund established under regulation 3(1); “MRF applicant” means a person who makes an MRF application; “MRF application” means an application to the Secretary of State to make an MRF payment, made in accordance with a procedure determined under regulation 7(1); “MRF contract” means an agreement which falls within regulation 9 (meaning of MRF contract); “MRF participant” means a party to an MRF contract who falls within the description in regulation 9(a)(i) (parties to an MRF contract); “MRF payment” means a payment into an MRF which is made by an MRF participant— in accordance with an MRF contract, in respect of an allocated measure, and for the purpose of discharging all or part of a compensation condition imposed on a person in connection with the granting of consent to carry out the relevant offshore wind activity for whose adverse environmental effects the allocated measure is to compensate.
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