# The Electricity Capacity Regulations 2014, Regulation 51: Withholding credit payments to capacity providers


(1) This regulation applies where, at the time when a credit note is issued to a capacity provider (“C”) under this Part—
(a) C is subject to a data default notice; or
(b) the Settlement Body is aware that C is insolvent.
(2) The Settlement Body must ensure that—
(a) the credit is withheld; and
(b) the credit note states that the payment is to be withheld and states the reason why.
(3) In this regulation, “data default notice” has the meaning given by regulation 37(1).

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Source: https://www.legislation.gov.uk/ukdsi/2014/9780111116852/regulation/51 (the official version)
Page: https://openlegislation.uk/draft-electricity-capacity-regulations-2014/regulation-51
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.