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The Energy-Intensive Industry Electricity Support Payments and Levy Regulations 2024

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Change 1

What to do with it
As published

25 Making electricity support payments

(1) Before the end of 10 working days after the end of a levy month, the EII support payments administrator must, out of the funds provided in accordance with regulation 24 or, if necessary, those held in accordance with regulation 15 (reserve fund)— (a) reimburse itself the amount of its relevant costs recovered in that levy month; (b) pay to each applicant their EII support payment entitlement, determined in accordance with regulation 13, in respect of the claim month associated with the levy month referred to in paragraph (1). (2) For the purposes of paragraph (1)(a), the EII support payments administrator’s relevant costs recovered in a levy month are the sum calculated under regulation 14 (EII support payments administrator costs) that was used in the calculation of the EII support payment total under regulation 18 for the levy month in respect of which the funds are distributed under this regulation.

Your change, as a redline

25 Making electricity support payments

(1) Before the end of 10 working days after the end of a levy month, the EII support payments administrator must, out of the funds provided in accordance with regulation 24 or, if necessary, those held in accordance with regulation 15 (reserve fund)— (a) reimburse itself the amount of its relevant costs recovered in that levy month; (b) pay to each applicant their EII support payment entitlement, determined in accordance with regulation 13, in respect of the claim month associated with the levy month referred to in paragraph (1). (2) For the purposes of paragraph (1)(a), the EII support payments administrator’s relevant costs recovered in a levy month are the sum calculated under regulation 14 (EII support payments administrator costs) that was used in the calculation of the EII support payment total under regulation 18 for the levy month in respect of which the funds are distributed under this regulation.

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How this law is officially changed

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