Paragraph 8
Regulation 9 has effect as if—
(a)
every reference to “the revenue collection counterparty” were a reference to “a revenue collection counterparty”;
(d)
in relation to a revenue collection counterparty designated under section 16 of the Act on or after the first payment period start date there is no requirement for that revenue collection counterparty to determine a total reserve amount or the amount of each supplier’s reserve payment in respect of the first quarterly obligation period which commences after its designation, and therefore no such payments are required to be made to it in respect of that period.