OpenLegislation

Paragraph 16

Regulation 17 has effect as if—

(a)

the words “to a CFD counterparty” appeared after the words “make a relevant payment” in paragraph (1), and F1the references in that paragraph F2and in paragraph (1A) to “the CFD counterparty” F3are to “that CFD counterparty”;

(b)

the words “by a CFD counterparty” appeared after the words “may only be issued” in paragraph (3) and the references in that paragraph to “the CFD counterparty” are to “that CFD counterparty”;

(c)

the references to “the CFD counterparty” in paragraphs (4) and (5) are to “a CFD counterparty”;

(d)

the words “to that CFD counterparty” appeared in paragraph (5) after the words “amount specified in the notice”; and

(e)

the words “to a CFD counterparty” appeared after the words “mutualisation payment” in paragraph (6) and the reference in that paragraph to “the CFD counterparty” is a reference to “that CFD counterparty”.

Annotations

Textual amendments

F1

Words in Sch. para. 16(a) substituted (1.7.2017) by The Electricity Supplier Payments (Amendment) Regulations 2017 (S.I. 2017/502), regs. 1(2), 18(a)

F2

Words in Sch. para. 16(a) inserted (1.7.2017) by The Electricity Supplier Payments (Amendment) Regulations 2017 (S.I. 2017/502), regs. 1(2), 18(b)

F3

Words in Sch. para. 16(a) substituted (1.7.2017) by The Electricity Supplier Payments (Amendment) Regulations 2017 (S.I. 2017/502), regs. 1(2), 18(c)