OpenLegislation

Regulation 19 Recalculation of payments: general

Original text. Later amendments are not shown.

The redeterminations and recalculations required by regulations 20 and 21 must—

(a)

make use of any revised or additional data provided to the Settlement Body under capacity market rules, in place of the data previously used or estimates made to make a calculation or determination; and

(b)

take account of—

(i)

any decision under Part 10 of the Principal Regulations (dispute resolution and appeals) which affects a calculation or determination previously made by the Settlement Body;

(ii)

any entitlements to mutualisation credits which have arisen under regulation 7(6) and (7);

(iii)

any payments made by payers after the payment due date;

(iv)

any payments made in previous reconciliation runs; and

(v)

any adjustment to the total amount of capacity payments payable in respect of the delivery year, as a result of a capacity agreement being terminated, or capacity payments being reduced or forfeited, under the Principal Regulations or capacity market rules.