The Renewable Transport Fuel Obligations Order 2020
Amends/Commences: Renewable Transport Fuel Obligations Order 2007
Comes into force: 31st December 2020
Changes have been made to the calculation used to determine the amount that a supplier must pay to discharge any shortfall in their renewable transport fuel obligation. The cost of discharging shortfalls has increased.
The multiplier applied to any shortfall in a suppliers main renewable transport fuel obligation has increased from 30 pence to 50 pence for obligation periods beginning on or after 1st January 2021.
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