31Definition of “assessment”

31 Definition of “assessment”

31 Definition of “assessment”

In this Division—

assessment, in relation to a scheme participant, means—

(a) an assessment of the participant’s individual energy savings target in respect of a year, or

(b) an assessment of the participant’s liability (if any) for an energy savings shortfall penalty in respect of a year, including liability for an energy savings shortfall penalty in respect of a carried forward shortfall.