Moved by
Baroness Verma
52: Schedule 2, page 117, line 2, leave out from “generator”” to “intends” in line 3 and insert “, in relation to an investment contract, means—
(a) a person who at the time the contract is entered into”
53: Schedule 2, page 117, line 5, after “who” insert “at that time”
54: Schedule 2, page 117, line 8, after “who” insert “at that time”
55: Schedule 2, page 117, line 19, at end insert—
“( ) In the case of a contract entered into with more than one person, the reference in sub-paragraph (1)(c) to the parties is a reference to the Secretary of State and any of those persons who is an electricity generator.”
56: Schedule 2, page 120, line 15, leave out sub-paragraph (5) and insert—
“(5) An instrument containing regulations of any of the following kinds may not be made unless a draft of the instrument has been laid before, and approved by a resolution of, each House of Parliament (in each case, whether or not the regulations also make any other provision)—
(a) the first regulations which make provision falling within paragraph 10,
(b) the first regulations which make provision falling within paragraph 11, or
(c) regulations which make provision falling within any other paragraph of Parts 1 to 3 of this Schedule.”
57: Schedule 2, page 120, line 20, at end insert—
“( ) If, but for this sub-paragraph, an instrument containing 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 a hybrid instrument.”
58: Schedule 2, page 121, line 28, leave out sub-paragraph (10) and insert—
“(10) Any sum which—
(a) an electricity supplier is required by virtue of regulations to pay to the Secretary of State, an investment contract counterparty or a CFD counterparty, and
(b) has not been paid by the date on which it is required by virtue of regulations to be paid,
may be recovered from the electricity supplier by the Secretary of State, the investment contract counterparty or the CFD counterparty (as the case may be) as a civil debt due to that person.”