SCHEDULES

SCHEDULE 6Time limits on the exercise of certain powers under this Act

I14Domestic gas price reduction schemes for Northern Ireland

1

This paragraph applies to a domestic gas price reduction scheme for Northern Ireland if that scheme, or any other such scheme, has been designated.

2

The scheme may not provide for the reduction of the amount charged for domestic gas supply if that supply takes place after the end of the period of two years beginning with the operative date of the only or first scheme to be designated.

3

That period may be extended in accordance with paragraph 9.

4

In this paragraph—

  • “designated” means designated under section 7;

  • “operative date”, in relation to a designated scheme, means the first day on which domestic gas supply takes place at a charge reduced in accordance with the scheme.