Moved by
Lord Callanan
20: After Clause 66, insert the following new Clause—
“Payments to relevant market participants
(1) Revenue support regulations may make provision about amounts which must be paid—
(a) by a hydrogen levy administrator to relevant market participants, or
(b) by a hydrogen production counterparty—
(i) to relevant market participants, or
(ii) to a hydrogen levy administrator for the purpose of enabling payments to be made to relevant market participants.
(2) Regulations by virtue of subsection (1) may make provision—
(a) for a hydrogen levy administrator to calculate or determine, in accordance with such criteria as may be provided for by or under the regulations, amounts which are owed by—
(i) the hydrogen levy administrator, or
(ii) a hydrogen production counterparty;
(b) for a hydrogen production counterparty to calculate or determine, in accordance with such criteria as may be provided for by or under the regulations, amounts which are owed by—
(i) the hydrogen production counterparty, or
(ii) a hydrogen levy administrator;
(c) for the issuing of notices by a hydrogen levy administrator to require the payment by a hydrogen production counterparty of amounts calculated or determined by the hydrogen levy administrator in accordance with paragraph (a)(ii);
(d) for the issuing of notices by a hydrogen production counterparty to require the payment by a hydrogen levy administrator of amounts calculated or determined by the hydrogen production counterparty in accordance with paragraph (b)(ii);
(e) for the provision of copies of notices such as are mentioned in paragraph (c) or (d) to persons specified in the regulations, or the publication of such notices.
(3) Revenue support regulations may make provision imposing on a relevant market participant who receives a payment from a hydrogen levy administrator or a hydrogen production counterparty a requirement to secure that customers of the relevant market participant receive, by a time specified in the regulations, such benefit from the payment as may be specified in or determined in accordance with the regulations.”
Member's explanatory statement
This amendment enables regulations to require payments to be made to levy payers and to require benefits from such payments to be passed on to customers of levy payers. Lord Callanan’s amendments at page 52, line 2 and page 59, line 23 are consequential on this amendment.