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The Electricity Capacity (No. 1) Regulations 2019
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Draft Legislation:
This is a draft item of legislation. This draft has since been made as a UK Statutory Instrument: The Electricity Capacity (No. 1) Regulations 2019 No. 862
Penalty residual supplier amount: modifications
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58. Regulation 8 (penalty residual supplier amount) of the Supplier Payment Regulations applies as if—
(a)at the beginning of paragraph (3), there were inserted “Subject to paragraph (3A),”; and
(b)after paragraph (3), there were inserted—
“(3A) If year X is the delivery year beginning on 1st October 2018, the reference in paragraph (3) to “the 28th working day after the end of each delivery year” is to be construed as a reference to “the 28th working day after the end of the delivery year (if a payment trigger event occurs before that date) or otherwise as soon as reasonably practicable after a payment trigger event occurs.”.
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