# The Electricity Capacity (No. 1) Regulations 2019, Regulation 48: Payment of credit notes: modifications


Regulation 48 (payment of credit notes) of the Principal Regulations applies as if, for sub-paragraph (a) there were substituted—
“(a) each capacity provider issued with a credit note for a capacity payment, by no later than—
(i) the end of the 33rd working day after the end of the month to which the payment relates; or
(ii) in the case of a capacity payment under regulation 40A, the end of the 33rd working day after the end of the month after the month in which the T-1 capacity agreement trigger event occurred; and”.

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Source: https://www.legislation.gov.uk/ukdsi/2019/9780111182437/regulation/48 (the official version)
Page: https://openlegislation.uk/draft-electricity-capacity-no-1-regulations-2019/regulation-48
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.