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52. Schedule 1 (settlement calculations) to the Principal Regulations applies as if—
(a)in paragraph 3—
(i)in sub-paragraph (1), for “by no later than 3 months before the commencement of a delivery year (“year X”)” there were substituted “before the commencement of a delivery year (“year X”), and as soon as reasonably practicable after the necessary information is available”; and
(ii)in sub-paragraph (1)(a), after “regulations” there were inserted “40A and”;
(b)in paragraph 4(1), after “regulations” there were inserted “40A and”;
(c)in paragraph 6—
(i)after sub-paragraph (2A), there were inserted—
“(2B) In sub-paragraph (2A)(a), a capacity provider penalty charge is incurred in respect of a CMU in a relevant settlement period even if this charge will only become payable if the T-1 capacity agreement trigger event occurs.”; and
(ii)in sub-paragraph (6), in the definitions of “Fy” and “Gy”, after “issue of the” in each definition, there were inserted “conditional”; and
(d)in paragraph 7(5), in the definition of “TPRx”, at the end there were inserted “after any repayments of overcharged penalty charge by the Settlement Body under regulation 43E are subtracted”.
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