The Electricity Capacity (No. 1) Regulations 2019

CHAPTER 2E+W+SModifications of Principal Regulations

Secretary of State's discretion: modificationsE+W+S

F126.  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Non-completion fees: modificationsE+W+S

27.—(1) The modifications in paragraph (2) apply in respect of—

(a)the conditional agreement auction, including the rights and obligations arising out of, or in relation to, this auction; and

(b)capacity agreements that existed on 15th November 2018.

(2) Regulation 43A (non-completion fee) of the Principal Regulations applies as if in paragraph (6)—

(a)in paragraph (a), “; and” were omitted;

(b)in paragraph (b), for “.” there were inserted “ ; and ”; and

(c)after paragraph (b), there were inserted—

(c)if a non-completion notice is issued during the standstill period, a direction to the Delivery Body to withdraw the termination notice and to terminate a capacity agreement on the ground specified in capacity market rules is to be construed as a reference to a direction to the Delivery Body to withdraw the non-completion notice..

Commencement Information

I1Reg. 27 in force at 10.4.2019, see reg. 1(2)