Jurisdiction(s):
United Kingdom
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Key definition
Supply definition

What does Supply mean? Supply describes the provision of goods, services or rights by one party to another for consideration. In UK VAT law it is a defined term: Value Added Tax Act 1994, s.5(2)(a) states that “supply includes all forms of supply”, and s.5 distinguishes between a supply of goods and a supply of services, with deeming rules (such as self-supplies). In Ireland, the Value-Added Tax Consolidation Act 2010 similarly defines supply of goods and supply of services on a broad basis. The concept is central to VAT, determining whether a transaction is taxable, the place and time of supply (tax point), and...

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Long-form Fuel Supply Agreement for Power Plant: Quantity Bands, Delivery, Rejection, Pricing, Liability Cap, Termination and Force Majeure (English law)

Published by a LexisNexis Energy expert
Precedents
imgtext

Date of Agreement

______________________________20[ XX ]

Parties

  1. [ INSERT ], a Company formed in [ INSERT ] (registration number [ INSERT ]) with its registered office at [ INSERT ] ( Purchaser ); and
  2. [ INSERT ], a company formed in [ INSERT ] (registration number [ INSERT ]) with its registered office at [ INSERT ] ( Supplier ).

Background

(A) The Purchaser is involved in the generation of energy at the Site...

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Matthew Collinson
Matthew Collinson

Matt has specialised in energy and infrastructure projects since 2006, including in City practice and as an industry consultant. He has spent more than half his career as a general counsel in regulated energy supply and network businesses, and has written extensively on regulation of the gas and electricity sectors....

Web page updated on 22/05/2026

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