# The Electricity Capacity (Supplier Payment etc.) Regulations 2014, Regulation 13: Payment of credit notes


Subject to regulation 14, the Settlement Body must pay the amount due to—
(a) each electricity supplier issued with a credit note for a penalty residual supplier amount, by no later than the 29th working day after the end of the delivery year to which the payment relates; and
(b) each electricity supplier issued with a credit note under regulation 9 (settlement costs levy) or regulation 10 (settlement costs levy refund), as soon as reasonably practicable after the credit note is issued.

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Source: https://www.legislation.gov.uk/ukdsi/2014/9780111123119/regulation/13 (the official version)
Page: https://openlegislation.uk/draft-electricity-capacity-supplier-payment-etc-regulations-2014/regulation-13
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

