Penalty residual supplier amount: modificationsE+W+S
This section has no associated Explanatory Memorandum
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.”.
Commencement Information
I1Reg. 58 in force at 10.4.2019, see reg. 1(2)