Part 2: Carbon dioxide capture, storage etc and hydrogen production, transport and storage Chapter 1: Revenue Support Contracts Section 88: Shadow directors, etc
Section 88 makes it clear that, in exercising their regulatory controls over a revenue support counterparty, neither the Secretary of State nor an allocation body are to be deemed to be in any way managing or controlling a counterparty in such a way that would class them as, for example, "shadow directors". Similar provisions apply in respect of the Secretary of State’s exercise of regulatory controls over a hydrogen levy administrator and an allocation body.