62ADefinition of “assessment”

62A Definition of “assessment”

62A Definition of “assessment”

In this Division—

assessment, of a scheme participant, means an assessment of the following—

(a) the participant’s individual liable demand for a compliance period,

(b) the participant’s individual certificate target for a compliance period,

(c) the participant’s liability for a shortfall penalty for a compliance period, including liability for a shortfall penalty for a carried forward shortfall.

cl 62A: Ins 2022 (607), Sch 1[57].