S.I. No. 645/2011 - Electricity Regulation Act 1999 and Gas (Interim) (Regulation) Act 2002 (Gas) Levy Order 2011

Type Statutory Instrument
Publication 2011-12-16
Last updated 2012-12-21
State Repealed superseded text
Text As published
articles 8

This is the act as published. Later amendments are not folded into the text below: each one is a separate act in this repository and an entry in this law's history.

1 amending act · 2012-12-21, S.I. No. 518/2012 - Electricity Regulation Act 1999 and Gas (Interim) (Regulation) Act 20…

Reform history JSON API

Notice of the making of this Statutory Instrument was published in

“Iris Oifigiúil” of 16th December, 2011.

The Commission for Energy Regulation in exercise of the powers conferred on it by the Electricity Regulation Act 1999 (No. 23 of 1999) as amended by the Gas (Interim) (Regulation) Act 2002 hereby makes the following Order:

1.

1.

(1) This Order may be cited as the Electricity Regulation Act 1999 and Gas (Interim) (Regulation) Act 2002 (Gas) Levy Order 2011

2.

2.

(1) In this Order—

"the Act" means the Electricity Regulation Act, 1999 (No. 23 of 1999) as amended by the Gas Act;

"banking day(s)" means day(s) on which banks in Ireland generally are open for business (except in any event on Saturday or Sunday);

" Code" means the code of operations of Bord Gáis Eireann in relation to the transmission system of Bord Gáis Éireann as that Code may be amended or varied from time to time and any successor code or arrangement;

"the Commission" means the Commission for Energy Regulation established under the Act;

"Final Allocations" means Final Allocations at the Exit Points;

"the Gas Act" means the Gas (Interim) (Regulation) Act, 2002 ;

"levy year" means a calendar year;

"quarter" means a period of 3 months ending on 31 March, 30 June, 30 September, or 31 December;

"relevant percentage" for a Shipper in respect of any quarter means the percentage (rounded upwards to four decimal places) which the aggregate of the Final Allocations allocated to that Shipper in respect of the immediately preceding quarter represents of the aggregate of the Final Allocations allocated to all Shippers in respect of the immediately preceding quarter;

and any cognate words shall be construed accordingly.

3.

3.

This Order shall apply to the classes of natural gas undertakings set out in the Schedule to this Order ("relevant undertakings").

4.

4.

(1) A levy is hereby imposed on each relevant undertaking. This levy will be payable in respect of each levy year.

5.

5.

(1) The levy imposed shall be payable by the relevant undertaking separately for each activity of transmission, distribution, or shipping of natural gas, as the case may be, that is carried out by the relevant undertaking in Ireland.

6.

6.

On or before the last day of the first month of each quarter Bord Gáis Éireann shall supply to the Commission the information required to calculate the relevant percentage for each Shipper in respect of the immediately preceding quarter. In the event that Bord Gáis Éireann fails for any reason to supply any of the information required for this purpose the Commission shall be entitled to calculate the relevant percentage for any shipper in respect of the last quarter for which such information was available.

7.

7.

(1) Where any amount falling to be paid under Article 5 is not paid within the period for payment specified in Article 4, interest thereon shall accrue at the prescribed interest rate compounded monthly from the date when such payment is due until the same is made.

8.

8.

(1) All payments shall be made in Euro on the due date by direct bank transfer or equivalent instantaneous transfer of funds to the bank account specified by the Commission.

Schedule

The relevant undertakings for the purposes of this Levy Order are a class consisting of any person engaged in the transmission or distribution of natural gas or as a Shipper.

Sealed with the common seal of the Commission for Energy Regulation,

15 December 2011.

DERMOT NOLAN,

Chairperson of the Commission.

EXPLANATORY NOTE

(This note is not part of the Instrument and does not purport to be a legal interpretation.)

This order imposes a levy on certain specified classes of natural gas undertakings, for the purpose of meeting expenses properly incurred by the Commission for Energy Regulation in the discharge of its functions under the Gas Acts 1976 to 2002.

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