PART 6Modifications to Supplier Payment Regulations
Penalty residual supplier amount: modificationsI158
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.