Status: You are viewing the version of the handbook as on 2009-03-31.

energy investment

    any of the following:

      1. (a) a unit in an energy collective investment scheme;
      1. (b) an option to acquire or dispose of an energy investment;
      1. (c) a future or a contract for differences where the commodity or property of any other description in question is:
        1. (i) energy; or
        1. (ii) an energy investment; or
        1. (iii) a greenhouse gas emissions allowance; or
        1. (iv) a tradable renewable energy credit;
      1. (d) a contract for differences where the index or other factor in question is linked to or otherwise dependent upon fluctuations in the value or price of any of (c)(i) to (iv) (including any prices or charges in respect of imbalances under the Network Code or the Balancing and Settlement Code);
      1. (e) a weather derivative;
      1. (f) a greenhouse gas emissions allowance, if it is a specified investment;
      1. (g) a tradable renewable energy credit, if it is a specified investment;
      1. (h) rights to or interests in investments in (a)-(g).2