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Regulation 15 Over-delivery payments: modifications

Original text. Later amendments are not shown.

Regulation 42 (over-delivery payments) of the Principal 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 includes a standstill month (in whole or in part), the reference in paragraph (3) to “the 28th working day after the end of year X” is to be construed as a reference to “the 28th working day after the end of year X (if the deferred capacity payment trigger event occurs before the last month of year X) or otherwise as soon as reasonably practicable after the deferred capacity payment trigger event occurs”.”.