#2026/9Sürdürülebilir Havacılık Yakıtı Yasası 2026
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
The Sustainable Aviation Fuel Act 2026 aims to support the production of sustainable aviation fuel in the UK by allowing the government to offer contracts that ensure stable revenue for producers. This law affects fuel producers and suppliers, as they may need to pay a levy to help fund these contracts.
AI-generated summary. May contain errors. Refer to official sources for legal decisions.
Key Changes
- Establishment of revenue certainty contracts for sustainable aviation fuel producers.
- Creation of a levy on aviation fuel suppliers to fund these contracts.
- Designation of a specific company to manage these contracts and levies.
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Obligations
What this law requires
The designated counterparty must comply with written directions from the Secretary of State to offer revenue certainty contracts to named sustainable aviation fuel producers within specified periods
The Secretary of State must send a written copy of any direction under section 1(1) to the named producer
Revenue certainty contracts must specify strike prices and market reference prices, with payments calculated by the difference between these two prices for UK-produced sustainable aviation fuel
The designated counterparty must maintain a register of information relating to revenue certainty contracts as required by regulations made by the Secretary of State
The designated counterparty must publish revenue certainty contracts or details about them in accordance with regulations made by the Secretary of State, subject to permitted redactions