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Protection of the Environment Operations (General) Regulation 2009
Current version for 1 December 2019 to date (accessed 27 February 2020 at 07:55)
26   Effect and term of load reduction agreement
(1)  The effect of a load reduction agreement is that the agreed load under the agreement may be treated (subject to this Division) as the assessable load of the pollutant to which the agreement applies for the purposes of calculating load-based fees for each of the licence fee periods covered by the agreement.
(2)  The maximum term of a load reduction agreement is 4 years.