{
  "url": "https://openlegislation.uk/draft-electricity-capacity-regulations-2014/regulation-49",
  "json_url": "https://openlegislation.uk/draft-electricity-capacity-regulations-2014/regulation-49.json",
  "legislation": "ukdsi/2014/9780111116852",
  "legislation_title": "The Electricity Capacity Regulations 2014",
  "legislation_url": "https://openlegislation.uk/draft-electricity-capacity-regulations-2014",
  "path": "regulation/49",
  "kind": "regulation",
  "number": "49",
  "heading": "Reducing capacity payments: unpaid capacity provider penalty charges",
  "text": "(1) This regulation applies if, at the time when a credit note is issued to a capacity provider (“C”) for a capacity payment, C is in default in respect of a capacity provider penalty charge (an “unpaid penalty charge”).\n(2) If this regulation applies—\n(a) the Settlement Body must ensure that the credit otherwise payable to C is reduced—\n(i) by the amount of the unpaid penalty charge;\n(ii) to nil, if the amount of the unpaid penalty charge is equal to or greater than the amount of the credit; and\n(b) the amount by which the credit is reduced is to be treated as a payment or part payment of the unpaid penalty charge.\n(3) The Settlement Body must ensure that the credit note issued to C states the amount by which the credit is reduced, and the reason for the reduction.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2014/9780111116852/regulation/49",
    "retrieved_at": "2026-10-30T15:12:43.570912+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}