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Changes over time for: Section 10
Timeline of Changes
This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.
Status:
This version of this part contains provisions that are prospective.
Status
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- where the provision (Part, Chapter or section) has never come into force or;
- where the text of the provision is subject to change, but no date has yet been appointed by the appropriate person or body for those changes to come into force.
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Changes to legislation:
There are outstanding changes not yet made by the legislation.gov.uk editorial team to The Electricity Supplier Payments (Amendment) Regulations 2017. Any changes that have already been made by the team appear in the content and are referenced with annotations.
Changes to Legislation
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Changes and effects yet to be applied to Regulation 10:
Prospective
This section has no associated Explanatory Memorandum
10. In regulation 14—U.K.
(a)for paragraph (1) substitute—
“(1) An additional total reserve amount in respect of a quarterly obligation period is the amount which the CFD counterparty determines it would need to be paid, having regard to the matters set out in paragraph (2),—
(a)to be able to make any CFD counterparty payments it has failed to make during the reserve period which commences during that quarterly obligation period; and
(b)for there to be a 19 in 20 probability of it being able to make all payments it is required to make to CFD parties during that reserve period after the making of the determination.”;
(b)in paragraph (2)—
(i)in sub-paragraphs (a) and (b) for “the reserve period” substitute “that reserve period”;
(ii)in sub-paragraph (c) for “that period” substitute “that reserve period”;
(iii)for sub-paragraph (d) substitute—
“(d)the CFD counterparty’s estimate of the payments it expects to receive from CFD parties and electricity suppliers during that reserve period.”.
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