The Energy-Intensive Industry Electricity Support Payments and Levy Regulations 2024
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Change 1
16 EII support payment requirement
On each calculation date, the EII support payments administrator must inform the EII levy administrator of the following— (a) the total amount of all of the sums determined by the EII support payments administrator in accordance with regulation 13(2) for the associated claim month; (b) the EII support payments administrator’s costs, calculated in accordance with regulation 14; (c) the amount that is required to ensure that the reserve fund is at the levels described in regulation 15(1), including where that figure has a negative value; (d) the total of the sums calculated in accordance with paragraphs (a) to (c).
16 EII support payment requirement
On each calculation date, the EII support payments administrator must inform the EII levy administrator of the following— (a) the total amount of all of the sums determined by the EII support payments administrator in accordance with regulation 13(2) for the associated claim month; (b) the EII support payments administrator’s costs, calculated in accordance with regulation 14; (c) the amount that is required to ensure that the reserve fund is at the levels described in regulation 15(1), including where that figure has a negative value; (d) the total of the sums calculated in accordance with paragraphs (a) to (c).
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