# The Electricity Capacity (Supplier Payment etc.) Regulations 2014, Regulation 29: Effect of non-compliance


(1) Paragraph (2) applies where—
(a) S has been entered on the credit default register as being in capacity market stage 1 credit default in respect of month M; and
(b) either—
(i) S does not comply with regulation 28(3)(b); or
(ii) the Settlement Body gives S notice under regulation 28(4)(b) that credit cover provided by S under regulation 28(3)(b) is not approved, or approved only in part.
(2) Where this paragraph applies, S must be entered by the Settlement Body on the credit default register as being in “capacity market stage 2 credit default” in respect of month M.

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Source: https://www.legislation.gov.uk/ukdsi/2014/9780111123119/regulation/29 (the official version)
Page: https://openlegislation.uk/draft-electricity-capacity-supplier-payment-etc-regulations-2014/regulation-29
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.