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

Chapter 1U.K.Revenue support contracts

Carbon dioxide capture, storage etc and hydrogen production, transport and storageU.K.

60Direction to offer to contract with licence holderU.K.

(1)The Secretary of State may, in accordance with any provision made by revenue support regulations, direct a carbon dioxide transport and storage counterparty to offer to contract with an eligible person specified in the direction, on terms specified in the direction.

(2)The following are “eligible” persons for the purposes of this section

(a)the holder of a licence under section 7, or

(b)a person who is to be granted a licence under section 7 (and has been notified of that by the Secretary of State or the GEMA).

(3)Revenue support regulations may make further provision about a direction under this section and in particular about—

(a)the circumstances in which a direction may or must be given;

(b)the terms that may or must be specified in a direction.

Commencement Information

I1S. 60 in force at 26.12.2023, see s. 334(3)(b)