Part 2Carbon dioxide capture, storage etc and hydrogen production, transport and storage

Chapter 1Revenue support contracts

Provision of revenue support under certain contracts

I1I257Revenue support contracts

1

The Secretary of State may by regulations make provision about revenue support contracts (including the funding of liabilities and costs in relation to such contracts).

2

In this Chapter “revenue support contract” means—

a

a carbon dioxide transport and storage revenue support contract (see section 59(2)),

b

a hydrogen transport revenue support contract (see section 61(2)),

c

a hydrogen storage revenue support contract (see section 63(2)),

d

a hydrogen production revenue support contract (see section 65(2)), or

e

a carbon capture revenue support contract (see section 67(2)).

3

The provision made by this Chapter is without prejudice to the generality of subsection (1).

4

In this Part “revenue support regulations” means regulations under this section.

5

Revenue support regulations may—

a

make different provision for different cases or circumstances or for different purposes;

b

provide for exemptions or other exceptions to any requirement imposed by the regulations.

6

Revenue support regulations may—

a

include incidental, supplementary or consequential provision;

b

make transitory or transitional provision or savings.

7

Revenue support regulations may confer any function on any person.

8

Revenue support regulations may provide for a function conferred on a person to be exercisable on that person’s behalf by another person.

9

Regulations of any of the following kinds are subject to the affirmative procedure—

a

the first revenue support regulations that make (with or without other provision) provision falling within any of sections 70, 71, 72, 77, 78, 82 or 83;

b

revenue support regulations that make (with or without other provision) provision falling within any of sections 58(2), 60(3), 62(2) or (4), 64(2) or (4), 66(2) or (4), 68(2) or (4), 75, 76, 81(4) or 84.

10

Any other revenue support regulations are subject to the negative procedure.

11

If, apart from this subsection, a draft of an instrument containing revenue support regulations would be treated for the purposes of the standing orders of either House of Parliament as a hybrid instrument, it is to proceed in that House as if it were not such an instrument.