Paragraph 8 Amendments to regulation 52

in paragraph (2), for “51(1)(b)” substitute “51(1)(aa) or 51(1)(b)”; and

after paragraph (3), insert—

“(4)

Where credit is withheld from C under under regulation 51(1)(aa) and a relevant termination notice is subsequently withdrawn, the Settlement Body must pay the withheld credit in accordance with the formula—

$$A=X\times \frac{Y}{Z}$$

where—

• A is the adjusted capacity payment;

• X is the full monthly capacity payment;

• Y is the number of days in that month after (and including) the date the relevant termination notice was issued; and

• Z is the total number of days in the month during which the termination notice was issued.

(5)

Paragraph (4) applies to the termination of a transferred part as it applies to the termination of a capacity agreement.

(6)

In this regulation, “relevant termination notice” has the meaning given in regulation 51(1)(aa).”.