32Self-assessment provided in energy savings statement

32 Self-assessment provided in energy savings statement

32 Self-assessment provided in energy savings statement

(1) An assessment provided by a scheme participant in an energy savings statement is taken to have been made on 1 March in the year after the year to which the statement relates, or on the day on which the energy savings statement is lodged, whichever is the later.

(2) The liability of a scheme participant for an energy savings shortfall penalty (if any) for a year is the assessment of the liability provided by the participant in the energy savings statement for the year (unless another assessment is or has been made by the Scheme Regulator).