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Paragraph 4 Regulation 13 (adjustment of auction parameters following prequalification)

Original text. Later amendments are not shown.

(1)

In regulation 13(1), at the beginning insert “Subject to paragraph (1A),”.

(2)

After regulation 13(1), insert—

“(1A)

If the Secretary of State adjusts the auction parameter referred to in regulation 11(1)(b) (auction target capacity) for a T-1 auction, that auction target capacity must remain equal to or greater than 50% of the T-1 auction set aside if previously determined under regulation 12(2A)(b) for that T-1 auction and delivery year.”.

(3)

After regulation 13(2), insert—

“(3)

In this regulation, “the T-1 auction set aside” has the meaning given in regulation 12(2A)(b).”.