http://www.legislation.gov.uk/uksi/2014/2014/regulation/7The Contracts for Difference (Electricity Supplier Obligations) Regulations 2014texttext/xmlenStatute Law DatabaseELECTRICITY2024-11-18Expert Participation2024-10-01 These Regulations impose a number of obligations on persons who supply electricity in Great Britain pursuant to an electricity supply licence (granted by the Gas and Electricity Markets Authority under section 6 of the Electricity Act 1989). Those obligations principally consist of requirements to make payments to the CFD counterparty, a person who is designated as such under section 7 of the Energy Act 2013. The payments are made to enable the CFD counterparty to meet its costs, and these include the costs it incurs in meeting obligations it has under CFDs. CFDs are contracts which the CFD counterparty must enter into by virtue of section 10 or 14 of the Energy Act 2013 with eligible generators (see the Contracts for Difference (Definition of Eligible Generator) Regulations 2014 which defines that term). PART 2 Supplier obligationCHAPTER 2Interim daily levyEstimated cost, income & electricity supply71The estimated quarterly obligation period payment cost in respect of a quarterly obligation period (“the rate period”) is the sum of any SoS repayment and the CFD counterparty’s estimates of TGPR and NDSR in respect of that period, estimated by the CFD counterparty having regard to the matters set out in paragraph (2).2The matters referred to in paragraph (1) are—athe strike prices which, in the opinion of the CFD counterparty, will apply to CFDs ... during the rate period;bthe CFD counterparty's estimate of—iwhere payments under a CFD may become due in relation to the generation of electricity in a settlement hour by a CFD generating station, the amount of electricity generated by each such CFD generating station in each settlement hour ... during the rate period;iiwhere payments under a CFD may become due in relation to the generation of electricity in a settlement period by a CFD generating station, the amount of electricity generated by each such CFD generating station in each settlement period ...during the rate period;iiithe market reference price which is to apply in relation to each settlement hour in respect of which a payment may become due during the rate period;ivthe market reference price which is to apply in relation to each settlement period in respect of which a payment may become due during the rate period;v. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3The estimated quarterly obligation period income in respect of the rate period is the sum of any SoS funds that the Secretary of State has specified will be available in respect of that rate period and that the Secretary of State has specified should be taken into account when calculating the interim levy rate under regulation 6 and/or adjusting the levy rate under regulation 13 and the CFD counterparty’s estimates of TCPR and NGSR in respect of the rate period having regard to—athe matters in paragraph (2)(a) and (b)(i) to (iv);b. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .cthe CFD counterparty's estimate of the likelihood of the failure of CFD parties to make CFD party payments in accordance with CFDs.4The estimated quarterly obligation period electricity supply in respect of the rate period is the amount of electricity which the CFD counterparty estimates will be supplied by all electricity suppliers in the rate period less the amount of EII excluded electricity which it estimates will be supplied by all suppliers in that period.5In this regulation—CFD generating station” means any generating station which is the subject of a CFD; “CP” and “GP” are to be construed in accordance with regulation 4; “market reference price”, “settlement hour”, “settlement period” and “strike price” are to be construed in accordance with CFDs to which the CFD counterparty is a party. “NDS” and “NGS” are to be construed in accordance with regulation 5; “NDSR” means the NDS required to be paid by the CFD counterparty during the rate period; “NGSR” means the NGS which is paid to the CFD counterparty during the rate period; “TCPR” means the sum of all CP paid to the CFD counterparty in respect of electricity generation during the rate period; ... “TGPR” means the sum of all GP required to be paid by the CFD counterparty in respect of electricity generation during the rate period; and “SoS repayment” is to be construed in accordance with regulation 5. 6For the purposes of this regulation reference to a CFD includes reference to a connected agreement.Words in reg. 7(4) inserted (1.4.2015) by The Electricity Supplier Obligations (Amendment & Excluded Electricity) Regulations 2015 (S.I. 2015/721), regs. 1(2), 18(2)Reg. 7(1) substituted (1.4.2016) by The Electricity Supplier Payments (Amendment) Regulations 2016 (S.I. 2016/363), regs. 1(3), 5(2)Words in reg. 7(2) omitted (1.4.2016) by virtue of The Electricity Supplier Payments (Amendment) Regulations 2016 (S.I. 2016/363), regs. 1(3), 5(3)(a)Reg. 7(2)(b)(v) omitted (1.4.2016) by virtue of The Electricity Supplier Payments (Amendment) Regulations 2016 (S.I. 2016/363), regs. 1(3), 5(3)(b)Words in reg. 7(3) substituted (1.4.2016) by The Electricity Supplier Payments (Amendment) Regulations 2016 (S.I. 2016/363), regs. 1(3), 5(4)(a)Reg. 7(3)(b) omitted (1.4.2016) by virtue of The Electricity Supplier Payments (Amendment) Regulations 2016 (S.I. 2016/363), regs. 1(3), 5(4)(b)Words in reg. 7(5) inserted (1.4.2016) by The Electricity Supplier Payments (Amendment) Regulations 2016 (S.I. 2016/363), regs. 1(3), 5(5)(a)Words in reg. 7(5) inserted (1.4.2016) by The Electricity Supplier Payments (Amendment) Regulations 2016 (S.I. 2016/363), regs. 1(3), 5(5)(b)Words in reg. 7(1) inserted (8.7.2020) by The Contracts for Difference (Electricity Supplier Obligations) (Amendment) (Coronavirus) Regulations 2020 (S.I. 2020/709), regs. 1, 2(4)(a)Words in reg. 7(3) inserted (8.7.2020) by The Contracts for Difference (Electricity Supplier Obligations) (Amendment) (Coronavirus) Regulations 2020 (S.I. 2020/709), regs. 1, 2(4)(b)Word in reg. 7(5) omitted (8.7.2020) by virtue of The Contracts for Difference (Electricity Supplier Obligations) (Amendment) (Coronavirus) Regulations 2020 (S.I. 2020/709), regs. 1, 2(4)(c)(i)Words in reg. 7(5) inserted (8.7.2020) by The Contracts for Difference (Electricity Supplier Obligations) (Amendment) (Coronavirus) Regulations 2020 (S.I. 2020/709), regs. 1, 2(4)(c)(ii)
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<Addition ChangeId="key-0d3ea47777644896409cef3714c4cd28-1597234661112" CommentaryRef="key-0d3ea47777644896409cef3714c4cd28">any SoS repayment and</Addition>
</Substitution>
<Substitution ChangeId="key-8a3b7e7ff6b5b8f09c4c8bf7cf03c859-1597218196118" CommentaryRef="key-8a3b7e7ff6b5b8f09c4c8bf7cf03c859"> the CFD counterparty’s estimates of TGPR and NDSR in respect of that period, estimated by the CFD counterparty having regard to the matters set out in paragraph (2).</Substitution>
</Text>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/uksi/2014/2014/regulation/7/2" IdURI="http://www.legislation.gov.uk/id/uksi/2014/2014/regulation/7/2" id="regulation-7-2">
<Pnumber>2</Pnumber>
<P2para>
<Text>The matters referred to in paragraph (1) are—</Text>
<P3 DocumentURI="http://www.legislation.gov.uk/uksi/2014/2014/regulation/7/2/a" IdURI="http://www.legislation.gov.uk/id/uksi/2014/2014/regulation/7/2/a" id="regulation-7-2-a">
<Pnumber>a</Pnumber>
<P3para>
<Text>
the strike prices which, in the opinion of the CFD counterparty, will apply to CFDs
<CommentaryRef Ref="key-4f18033d502e48da06cf631ba2b89793"/>
... during the rate period;
</Text>
</P3para>
</P3>
<P3 DocumentURI="http://www.legislation.gov.uk/uksi/2014/2014/regulation/7/2/b" IdURI="http://www.legislation.gov.uk/id/uksi/2014/2014/regulation/7/2/b" id="regulation-7-2-b">
<Pnumber>b</Pnumber>
<P3para>
<Text>the CFD counterparty's estimate of—</Text>
<P4 DocumentURI="http://www.legislation.gov.uk/uksi/2014/2014/regulation/7/2/b/i" IdURI="http://www.legislation.gov.uk/id/uksi/2014/2014/regulation/7/2/b/i" id="regulation-7-2-b-i">
<Pnumber>i</Pnumber>
<P4para>
<Text>
where payments under a CFD may become due in relation to the generation of electricity in a settlement hour by a CFD generating station, the amount of electricity generated by each such CFD generating station in each settlement hour
<CommentaryRef Ref="key-4f18033d502e48da06cf631ba2b89793"/>
... during the rate period;
</Text>
</P4para>
</P4>
<P4 DocumentURI="http://www.legislation.gov.uk/uksi/2014/2014/regulation/7/2/b/ii" IdURI="http://www.legislation.gov.uk/id/uksi/2014/2014/regulation/7/2/b/ii" id="regulation-7-2-b-ii">
<Pnumber>ii</Pnumber>
<P4para>
<Text>
where payments under a CFD may become due in relation to the generation of electricity in a settlement period by a CFD generating station, the amount of electricity generated by each such CFD generating station in each settlement period
<CommentaryRef Ref="key-4f18033d502e48da06cf631ba2b89793"/>
...during the rate period;
</Text>
</P4para>
</P4>
<P4 DocumentURI="http://www.legislation.gov.uk/uksi/2014/2014/regulation/7/2/b/iii" IdURI="http://www.legislation.gov.uk/id/uksi/2014/2014/regulation/7/2/b/iii" id="regulation-7-2-b-iii">
<Pnumber>iii</Pnumber>
<P4para>
<Text>the market reference price which is to apply in relation to each settlement hour in respect of which a payment may become due during the rate period;</Text>
</P4para>
</P4>
<P4 DocumentURI="http://www.legislation.gov.uk/uksi/2014/2014/regulation/7/2/b/iv" IdURI="http://www.legislation.gov.uk/id/uksi/2014/2014/regulation/7/2/b/iv" id="regulation-7-2-b-iv">
<Pnumber>iv</Pnumber>
<P4para>
<Text>the market reference price which is to apply in relation to each settlement period in respect of which a payment may become due during the rate period;</Text>
</P4para>
</P4>
<P4 DocumentURI="http://www.legislation.gov.uk/uksi/2014/2014/regulation/7/2/b/v" IdURI="http://www.legislation.gov.uk/id/uksi/2014/2014/regulation/7/2/b/v" id="regulation-7-2-b-v">
<Pnumber>
<CommentaryRef Ref="key-df6cab5e3ac7eec6599ad2afeefb7275"/>
v
</Pnumber>
<P4para>
<Text>. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .</Text>
</P4para>
</P4>
</P3para>
</P3>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/uksi/2014/2014/regulation/7/3" IdURI="http://www.legislation.gov.uk/id/uksi/2014/2014/regulation/7/3" id="regulation-7-3">
<Pnumber>3</Pnumber>
<P2para>
<Text>
The estimated quarterly obligation period income in respect of the rate period is the
<Substitution ChangeId="key-23e6fb42f0c904342c9298c4d0e9e394-1597218498996" CommentaryRef="key-23e6fb42f0c904342c9298c4d0e9e394">sum of </Substitution>
<Substitution ChangeId="key-23e6fb42f0c904342c9298c4d0e9e394-1597218498996" CommentaryRef="key-23e6fb42f0c904342c9298c4d0e9e394">
<Addition ChangeId="key-6b0c113dc572d22cd090242531dc68d7-1597234695586" CommentaryRef="key-6b0c113dc572d22cd090242531dc68d7">any SoS funds that the Secretary of State has specified will be available in respect of that rate period and that the Secretary of State has specified should be taken into account when calculating the interim levy rate under regulation 6 and/or adjusting the levy rate under regulation 13 and</Addition>
</Substitution>
<Substitution ChangeId="key-23e6fb42f0c904342c9298c4d0e9e394-1597218498996" CommentaryRef="key-23e6fb42f0c904342c9298c4d0e9e394"> the CFD counterparty’s estimates of TCPR and NGSR in respect of</Substitution>
the rate period having regard to—
</Text>
<P3 DocumentURI="http://www.legislation.gov.uk/uksi/2014/2014/regulation/7/3/a" IdURI="http://www.legislation.gov.uk/id/uksi/2014/2014/regulation/7/3/a" id="regulation-7-3-a">
<Pnumber>a</Pnumber>
<P3para>
<Text>the matters in paragraph (2)(a) and (b)(i) to (iv);</Text>
</P3para>
</P3>
<P3 DocumentURI="http://www.legislation.gov.uk/uksi/2014/2014/regulation/7/3/b" IdURI="http://www.legislation.gov.uk/id/uksi/2014/2014/regulation/7/3/b" id="regulation-7-3-b">
<Pnumber>
<CommentaryRef Ref="key-475cf8d3d61fbdb8083e49ac9f15c8a8"/>
b
</Pnumber>
<P3para>
<Text>. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .</Text>
</P3para>
</P3>
<P3 DocumentURI="http://www.legislation.gov.uk/uksi/2014/2014/regulation/7/3/c" IdURI="http://www.legislation.gov.uk/id/uksi/2014/2014/regulation/7/3/c" id="regulation-7-3-c">
<Pnumber>c</Pnumber>
<P3para>
<Text>the CFD counterparty's estimate of the likelihood of the failure of CFD parties to make CFD party payments in accordance with CFDs.</Text>
</P3para>
</P3>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/uksi/2014/2014/regulation/7/4" IdURI="http://www.legislation.gov.uk/id/uksi/2014/2014/regulation/7/4" id="regulation-7-4">
<Pnumber>4</Pnumber>
<P2para>
<Text>
The estimated quarterly obligation period electricity supply in respect of the rate period is the amount of electricity which the CFD counterparty estimates will be supplied by all electricity suppliers in the rate period
<Addition ChangeId="key-9849000728e996efbf910a5a000d7c1b-1597046655437" CommentaryRef="key-9849000728e996efbf910a5a000d7c1b">less the amount of EII excluded electricity which it estimates will be supplied by all suppliers in that period</Addition>
.
</Text>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/uksi/2014/2014/regulation/7/5" IdURI="http://www.legislation.gov.uk/id/uksi/2014/2014/regulation/7/5" id="regulation-7-5">
<Pnumber>5</Pnumber>
<P2para>
<Text>In this regulation—</Text>
<UnorderedList Decoration="none" Class="Definition">
<ListItem>
<Para>
<Text>
<Term id="term-cfd-generating-station">CFD generating station</Term>
” means any generating station which is the subject of a CFD;
</Text>
</Para>
</ListItem>
<ListItem>
<Para>
<Text>
<Addition ChangeId="key-8213ea4107875a285d417d48ca671905-1597218560077" CommentaryRef="key-8213ea4107875a285d417d48ca671905">“CP” and “</Addition>
<Acronym Expansion="General Practitioner">
<Addition ChangeId="key-8213ea4107875a285d417d48ca671905-1597218560077" CommentaryRef="key-8213ea4107875a285d417d48ca671905">GP</Addition>
</Acronym>
<Addition ChangeId="key-8213ea4107875a285d417d48ca671905-1597218560077" CommentaryRef="key-8213ea4107875a285d417d48ca671905">” are to be construed in accordance with regulation 4;</Addition>
</Text>
</Para>
</ListItem>
<ListItem>
<Para>
<Text>“market reference price”, “settlement hour”, “settlement period” and “strike price” are to be construed in accordance with CFDs to which the CFD counterparty is a party.</Text>
</Para>
</ListItem>
<ListItem>
<Para>
<Text>
<Addition ChangeId="M_F_8db53277-fe9d-4b93-a01a-d4783c2546ac-1597218662536" CommentaryRef="M_F_8db53277-fe9d-4b93-a01a-d4783c2546ac">“NDS” and “NGS” are to be construed in accordance with regulation 5;</Addition>
</Text>
</Para>
</ListItem>
<ListItem>
<Para>
<Text>
<Addition ChangeId="M_F_77889f74-9d3a-48a1-e271-f893ab88f56d-1597218747651" CommentaryRef="M_F_8db53277-fe9d-4b93-a01a-d4783c2546ac">“NDSR” means the NDS required to be paid by the CFD counterparty during the rate period;</Addition>
</Text>
</Para>
</ListItem>
<ListItem>
<Para>
<Text>
<Addition ChangeId="M_F_c6bebdee-76ab-4cbd-a8ad-09e371f06350-1597218799663" CommentaryRef="M_F_8db53277-fe9d-4b93-a01a-d4783c2546ac">“NGSR” means the NGS which is paid to the CFD counterparty during the rate period;</Addition>
</Text>
</Para>
</ListItem>
<ListItem>
<Para>
<Text>
<Addition ChangeId="M_F_f98f25c6-8da7-47b7-e8d7-d16481c69aab-1597218822884" CommentaryRef="M_F_8db53277-fe9d-4b93-a01a-d4783c2546ac">“TCPR” means the sum of all CP paid to the CFD counterparty in respect of electricity generation during the rate period; </Addition>
<Addition ChangeId="M_F_f98f25c6-8da7-47b7-e8d7-d16481c69aab-1597218822884" CommentaryRef="M_F_8db53277-fe9d-4b93-a01a-d4783c2546ac">
<CommentaryRef Ref="key-93d9cf9fe180c85db6a0bb03f1c26b9c"/>
...
</Addition>
</Text>
</Para>
</ListItem>
<ListItem>
<Para>
<Text>
<Addition ChangeId="M_F_b6753144-aac0-4026-93f8-8aeeb0852f03-1597218843859" CommentaryRef="M_F_8db53277-fe9d-4b93-a01a-d4783c2546ac">“TGPR” means the sum of all </Addition>
<Addition ChangeId="M_F_b6753144-aac0-4026-93f8-8aeeb0852f03-1597218843859" CommentaryRef="M_F_8db53277-fe9d-4b93-a01a-d4783c2546ac">GP</Addition>
<Addition ChangeId="M_F_b6753144-aac0-4026-93f8-8aeeb0852f03-1597218843859" CommentaryRef="M_F_8db53277-fe9d-4b93-a01a-d4783c2546ac"> required to be paid by the CFD counterparty in respect of electricity generation during the rate period</Addition>
<Addition ChangeId="key-7cea416838384ac08128cb7db4f8f92a-1597234767857" CommentaryRef="key-7cea416838384ac08128cb7db4f8f92a">; and </Addition>
</Text>
</Para>
</ListItem>
<ListItem>
<Para>
<Text>
<Addition ChangeId="key-7cea416838384ac08128cb7db4f8f92a-1597234767857" CommentaryRef="key-7cea416838384ac08128cb7db4f8f92a"> “SoS repayment” is to be construed in accordance with regulation 5</Addition>
.
</Text>
</Para>
</ListItem>
</UnorderedList>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/uksi/2014/2014/regulation/7/6" IdURI="http://www.legislation.gov.uk/id/uksi/2014/2014/regulation/7/6" id="regulation-7-6">
<Pnumber>6</Pnumber>
<P2para>
<Text>For the purposes of this regulation reference to a CFD includes reference to a connected agreement.</Text>
</P2para>
</P2>
</P1para>
</P1>
</P1group>
</Chapter>
</Part>
</Body>
</Secondary>
<Commentaries>
<Commentary id="key-9849000728e996efbf910a5a000d7c1b" Type="F">
<Para>
<Text>
Words in reg. 7(4) inserted (1.4.2015) by
<Citation URI="http://www.legislation.gov.uk/id/uksi/2015/721" id="cvajj6yg3-00007" Class="UnitedKingdomStatutoryInstrument" Year="2015" Number="721" Title="The Electricity Supplier Obligations (Amendment Excluded Electricity) Regulations 2015">The Electricity Supplier Obligations (Amendment & Excluded Electricity) Regulations 2015 (S.I. 2015/721)</Citation>
,
<CitationSubRef id="cvajj6yg3-00008" CitationRef="cvajj6yg3-00007" URI="http://www.legislation.gov.uk/id/uksi/2015/721/regulation/1/2" SectionRef="regulation-1-2">regs. 1(2)</CitationSubRef>
,
<CitationSubRef id="cvajj6yg3-00009" CitationRef="cvajj6yg3-00007" URI="http://www.legislation.gov.uk/id/uksi/2015/721/regulation/18/2" SectionRef="regulation-18-2" Operative="true">18(2)</CitationSubRef>
</Text>
</Para>
</Commentary>
<Commentary id="key-8a3b7e7ff6b5b8f09c4c8bf7cf03c859" Type="F">
<Para>
<Text>
Reg. 7(1) substituted (1.4.2016) by
<Citation URI="http://www.legislation.gov.uk/id/uksi/2016/363" id="cvddmpp43-00008" Class="UnitedKingdomStatutoryInstrument" Year="2016" Number="363" Title="The Electricity Supplier Payments (Amendment) Regulations2016">The Electricity Supplier Payments (Amendment) Regulations 2016 (S.I. 2016/363)</Citation>
,
<CitationSubRef id="cvddmpp43-00009" CitationRef="cvddmpp43-00008" URI="http://www.legislation.gov.uk/id/uksi/2016/363/regulation/1/3" SectionRef="regulation-1-3">regs. 1(3)</CitationSubRef>
,
<CitationSubRef id="cvddmpp43-00010" CitationRef="cvddmpp43-00008" URI="http://www.legislation.gov.uk/id/uksi/2016/363/regulation/5/2" SectionRef="regulation-5-2" Operative="true">5(2)</CitationSubRef>
</Text>
</Para>
</Commentary>
<Commentary id="key-4f18033d502e48da06cf631ba2b89793" Type="F">
<Para>
<Text>
Words in reg. 7(2) omitted (1.4.2016) by virtue of
<Citation URI="http://www.legislation.gov.uk/id/uksi/2016/363" id="cvddmpp43-00017" Class="UnitedKingdomStatutoryInstrument" Year="2016" Number="363" Title="The Electricity Supplier Payments (Amendment) Regulations2016">The Electricity Supplier Payments (Amendment) Regulations 2016 (S.I. 2016/363)</Citation>
,
<CitationSubRef id="cvddmpp43-00018" CitationRef="cvddmpp43-00017" URI="http://www.legislation.gov.uk/id/uksi/2016/363/regulation/1/3" SectionRef="regulation-1-3">regs. 1(3)</CitationSubRef>
,
<CitationSubRef id="cvddmpp43-00019" CitationRef="cvddmpp43-00017" URI="http://www.legislation.gov.uk/id/uksi/2016/363/regulation/5/3/a" SectionRef="regulation-5-3-a" Operative="true">5(3)(a)</CitationSubRef>
</Text>
</Para>
</Commentary>
<Commentary id="key-df6cab5e3ac7eec6599ad2afeefb7275" Type="F">
<Para>
<Text>
Reg. 7(2)(b)(v) omitted (1.4.2016) by virtue of
<Citation URI="http://www.legislation.gov.uk/id/uksi/2016/363" id="cvddmpp43-00024" Class="UnitedKingdomStatutoryInstrument" Year="2016" Number="363" Title="The Electricity Supplier Payments (Amendment) Regulations2016">The Electricity Supplier Payments (Amendment) Regulations 2016 (S.I. 2016/363)</Citation>
,
<CitationSubRef id="cvddmpp43-00025" CitationRef="cvddmpp43-00024" URI="http://www.legislation.gov.uk/id/uksi/2016/363/regulation/1/3" SectionRef="regulation-1-3">regs. 1(3)</CitationSubRef>
,
<CitationSubRef id="cvddmpp43-00026" CitationRef="cvddmpp43-00024" URI="http://www.legislation.gov.uk/id/uksi/2016/363/regulation/5/3/b" SectionRef="regulation-5-3-b" Operative="true">5(3)(b)</CitationSubRef>
</Text>
</Para>
</Commentary>
<Commentary id="key-23e6fb42f0c904342c9298c4d0e9e394" Type="F">
<Para>
<Text>
Words in reg. 7(3) substituted (1.4.2016) by
<Citation URI="http://www.legislation.gov.uk/id/uksi/2016/363" id="cvddmpp43-00033" Class="UnitedKingdomStatutoryInstrument" Year="2016" Number="363" Title="The Electricity Supplier Payments (Amendment) Regulations2016">The Electricity Supplier Payments (Amendment) Regulations 2016 (S.I. 2016/363)</Citation>
,
<CitationSubRef id="cvddmpp43-00034" CitationRef="cvddmpp43-00033" URI="http://www.legislation.gov.uk/id/uksi/2016/363/regulation/1/3" SectionRef="regulation-1-3">regs. 1(3)</CitationSubRef>
,
<CitationSubRef id="cvddmpp43-00035" CitationRef="cvddmpp43-00033" URI="http://www.legislation.gov.uk/id/uksi/2016/363/regulation/5/4/a" SectionRef="regulation-5-4-a" Operative="true">5(4)(a)</CitationSubRef>
</Text>
</Para>
</Commentary>
<Commentary id="key-475cf8d3d61fbdb8083e49ac9f15c8a8" Type="F">
<Para>
<Text>
Reg. 7(3)(b) omitted (1.4.2016) by virtue of
<Citation URI="http://www.legislation.gov.uk/id/uksi/2016/363" id="cvddmpp43-00040" Class="UnitedKingdomStatutoryInstrument" Year="2016" Number="363" Title="The Electricity Supplier Payments (Amendment) Regulations2016">The Electricity Supplier Payments (Amendment) Regulations 2016 (S.I. 2016/363)</Citation>
,
<CitationSubRef id="cvddmpp43-00041" CitationRef="cvddmpp43-00040" URI="http://www.legislation.gov.uk/id/uksi/2016/363/regulation/1/3" SectionRef="regulation-1-3">regs. 1(3)</CitationSubRef>
,
<CitationSubRef id="cvddmpp43-00042" CitationRef="cvddmpp43-00040" URI="http://www.legislation.gov.uk/id/uksi/2016/363/regulation/5/4/b" SectionRef="regulation-5-4-b" Operative="true">5(4)(b)</CitationSubRef>
</Text>
</Para>
</Commentary>
<Commentary id="key-8213ea4107875a285d417d48ca671905" Type="F">
<Para>
<Text>
Words in reg. 7(5) inserted (1.4.2016) by
<Citation URI="http://www.legislation.gov.uk/id/uksi/2016/363" id="cvddmpp43-00049" Class="UnitedKingdomStatutoryInstrument" Year="2016" Number="363" Title="The Electricity Supplier Payments (Amendment) Regulations2016">The Electricity Supplier Payments (Amendment) Regulations 2016 (S.I. 2016/363)</Citation>
,
<CitationSubRef id="cvddmpp43-00050" CitationRef="cvddmpp43-00049" URI="http://www.legislation.gov.uk/id/uksi/2016/363/regulation/1/3" SectionRef="regulation-1-3">regs. 1(3)</CitationSubRef>
,
<CitationSubRef id="cvddmpp43-00051" CitationRef="cvddmpp43-00049" URI="http://www.legislation.gov.uk/id/uksi/2016/363/regulation/5/5/a" SectionRef="regulation-5-5-a" Operative="true">5(5)(a)</CitationSubRef>
</Text>
</Para>
</Commentary>
<Commentary id="M_F_8db53277-fe9d-4b93-a01a-d4783c2546ac" Type="F">
<Para>
<Text>
Words in reg. 7(5) inserted (1.4.2016) by
<Citation URI="http://www.legislation.gov.uk/id/uksi/2016/363" id="cvddmpp43-00049n1" Class="UnitedKingdomStatutoryInstrument" Year="2016" Number="363" Title="The Electricity Supplier Payments (Amendment) Regulations2016">The Electricity Supplier Payments (Amendment) Regulations 2016 (S.I. 2016/363)</Citation>
,
<CitationSubRef id="cvddmpp43-00050n1" CitationRef="cvddmpp43-00049" URI="http://www.legislation.gov.uk/id/uksi/2016/363/regulation/1/3" SectionRef="regulation-1-3">regs. 1(3)</CitationSubRef>
,
<CitationSubRef id="cvddmpp43-00051n1" CitationRef="cvddmpp43-00049" URI="http://www.legislation.gov.uk/id/uksi/2016/363/regulation/5/5/a" SectionRef="regulation-5-5-a" Operative="true">5(5)(b)</CitationSubRef>
</Text>
</Para>
</Commentary>
<Commentary id="key-0d3ea47777644896409cef3714c4cd28" Type="F">
<Para>
<Text>
Words in
<CitationSubRef id="cvdnh49m3-00006" SectionRef="regulation-7-1" URI="http://www.legislation.gov.uk/id/uksi/2014/2014/regulation/7/1">reg. 7(1)</CitationSubRef>
inserted (8.7.2020) by
<Citation URI="http://www.legislation.gov.uk/id/uksi/2020/709" id="cvdnh49m3-00007" Class="UnitedKingdomStatutoryInstrument" Year="2020" Number="709" Title="The Contracts for Difference (Electricity Supplier Obligations) (Amendment) (Coronavirus) Regulations 2020">The Contracts for Difference (Electricity Supplier Obligations) (Amendment) (Coronavirus) Regulations 2020 (S.I. 2020/709)</Citation>
,
<CitationSubRef id="cvdnh49m3-00008" CitationRef="cvdnh49m3-00007" SectionRef="regulation-1" URI="http://www.legislation.gov.uk/id/uksi/2020/709/regulation/1">regs. 1</CitationSubRef>
,
<CitationSubRef id="cvdnh49m3-00009" CitationRef="cvdnh49m3-00007" SectionRef="regulation-2-4-a" URI="http://www.legislation.gov.uk/id/uksi/2020/709/regulation/2/4/a" Operative="true">2(4)(a)</CitationSubRef>
</Text>
</Para>
</Commentary>
<Commentary id="key-6b0c113dc572d22cd090242531dc68d7" Type="F">
<Para>
<Text>
Words in
<CitationSubRef id="cvdnh49m3-00015" SectionRef="regulation-7-3" URI="http://www.legislation.gov.uk/id/uksi/2014/2014/regulation/7/3">reg. 7(3)</CitationSubRef>
inserted (8.7.2020) by
<Citation URI="http://www.legislation.gov.uk/id/uksi/2020/709" id="cvdnh49m3-00016" Class="UnitedKingdomStatutoryInstrument" Year="2020" Number="709" Title="The Contracts for Difference (Electricity Supplier Obligations) (Amendment) (Coronavirus) Regulations 2020">The Contracts for Difference (Electricity Supplier Obligations) (Amendment) (Coronavirus) Regulations 2020 (S.I. 2020/709)</Citation>
,
<CitationSubRef id="cvdnh49m3-00017" CitationRef="cvdnh49m3-00016" SectionRef="regulation-1" URI="http://www.legislation.gov.uk/id/uksi/2020/709/regulation/1">regs. 1</CitationSubRef>
,
<CitationSubRef id="cvdnh49m3-00018" CitationRef="cvdnh49m3-00016" SectionRef="regulation-2-4-b" URI="http://www.legislation.gov.uk/id/uksi/2020/709/regulation/2/4/b" Operative="true">2(4)(b)</CitationSubRef>
</Text>
</Para>
</Commentary>
<Commentary id="key-93d9cf9fe180c85db6a0bb03f1c26b9c" Type="F">
<Para>
<Text>
Word in
<CitationSubRef id="cvdnh49m3-00024" SectionRef="regulation-7-5" URI="http://www.legislation.gov.uk/id/uksi/2014/2014/regulation/7/5">reg. 7(5)</CitationSubRef>
omitted (8.7.2020) by virtue of
<Citation URI="http://www.legislation.gov.uk/id/uksi/2020/709" id="cvdnh49m3-00025" Class="UnitedKingdomStatutoryInstrument" Year="2020" Number="709" Title="The Contracts for Difference (Electricity Supplier Obligations) (Amendment) (Coronavirus) Regulations 2020">The Contracts for Difference (Electricity Supplier Obligations) (Amendment) (Coronavirus) Regulations 2020 (S.I. 2020/709)</Citation>
,
<CitationSubRef id="cvdnh49m3-00026" CitationRef="cvdnh49m3-00025" SectionRef="regulation-1" URI="http://www.legislation.gov.uk/id/uksi/2020/709/regulation/1">regs. 1</CitationSubRef>
,
<CitationSubRef id="cvdnh49m3-00027" CitationRef="cvdnh49m3-00025" SectionRef="regulation-2-4-c-i" URI="http://www.legislation.gov.uk/id/uksi/2020/709/regulation/2/4/c/i" Operative="true">2(4)(c)(i)</CitationSubRef>
</Text>
</Para>
</Commentary>
<Commentary id="key-7cea416838384ac08128cb7db4f8f92a" Type="F">
<Para>
<Text>
Words in
<CitationSubRef id="cvdnh49m3-00033" SectionRef="regulation-7-5" URI="http://www.legislation.gov.uk/id/uksi/2014/2014/regulation/7/5">reg. 7(5)</CitationSubRef>
inserted (8.7.2020) by
<Citation URI="http://www.legislation.gov.uk/id/uksi/2020/709" id="cvdnh49m3-00034" Class="UnitedKingdomStatutoryInstrument" Year="2020" Number="709" Title="The Contracts for Difference (Electricity Supplier Obligations) (Amendment) (Coronavirus) Regulations 2020">The Contracts for Difference (Electricity Supplier Obligations) (Amendment) (Coronavirus) Regulations 2020 (S.I. 2020/709)</Citation>
,
<CitationSubRef id="cvdnh49m3-00035" CitationRef="cvdnh49m3-00034" SectionRef="regulation-1" URI="http://www.legislation.gov.uk/id/uksi/2020/709/regulation/1">regs. 1</CitationSubRef>
,
<CitationSubRef id="cvdnh49m3-00036" CitationRef="cvdnh49m3-00034" SectionRef="regulation-2-4-c-ii" URI="http://www.legislation.gov.uk/id/uksi/2020/709/regulation/2/4/c/ii" Operative="true">2(4)(c)(ii)</CitationSubRef>
</Text>
</Para>
</Commentary>
</Commentaries>
</Legislation>