Regulation 17 Non-completion fees: modifications

at the beginning of paragraph (3), there were inserted “Subject to paragraph (3A),”; and

after paragraph (3), there were inserted—

“(3A)

If the Settlement Body—

(a)

receives a notice during a standstill month that a non-completion fee has been imposed; or

(b)

received a notice that a non-completion fee had been imposed before 15th November 2018 but had not fulfilled the requirements in paragraph (3) by that date,

the reference to paragraph (3) to “as soon as reasonably practicable after receiving notice in accordance with capacity market rules of the imposition of a non-completion fee” is to be construed as a reference to “as soon as reasonably practicable after the deferred capacity payment trigger event occurs (if the Settlement Body receives the notice before the trigger event occurs)”.”.