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Schedules

Schedule 18U.K.Heat networks regulation

Part 8U.K.Step-in arrangements

46(1)The regulations may—U.K.

(a)provide for the old entity to give the Regulator such information and assistance as the Regulator may require for the purposes of, or in connection with, the making or implementation of a scheme;

(b)provide for the Regulator, for the purposes of, or in connection with, the making or implementation of a scheme, to direct the old entity to take, or to refrain from taking, such steps as are specified in the direction.

(2)The regulations may provide for the Regulator—

(a)to make payments to the new entity in respect of costs incurred in connection with carrying on the regulated activity in relation to the heat network;

(b)to indemnify the new entity in respect of liabilities arising from, or in connection with, carrying on the regulated activity in relation to the heat network.

Commencement Information

I1Sch. 18 para. 46 in force at Royal Assent, see s. 334(2)(l)