# The Electricity Capacity (Amendment) Regulations 2016, Paragraph 22: New regulation 30A


After regulation 30 insert—
“Transfer of a capacity agreement
30A. (1) A capacity agreement may be transferred in accordance with capacity market rules so as to apply in respect of a CMU—
(a) for the entire delivery year, or period of delivery years, for which the capacity agreement has effect; or
(b) only for a specified number of calendar days in such a delivery year (“the transfer period”).
(2) A transfer under paragraph (1) may be made—
(a) in respect of the entire capacity obligation comprised in the capacity agreement; or
(b) in respect of a part only of that obligation.
(3) For the purposes of this regulation, a “transferred part” comprises the rights and obligations accruing to the transferee in respect of a CMU where the capacity agreement (“the related agreement”) is transferred under paragraph (1)(b) or (2)(b).
(4) A transferred part may be terminated, in accordance with capacity market rules, so as to extinguish the rights and obligations accruing to the transferee.
(5) But a termination of the transferred part does not—
(a) in itself amount to the termination of the related agreement; or
(b) affect any rights and obligations accruing—
(i) in a part of a delivery year that is not included in the transfer period; or
(ii) in relation to any part of the capacity obligation that is not transferred.
(6) A termination of the related agreement does not in itself amount to the termination of a transferred part, but extinguishes the rights and obligations accruing in respect of the transferred part.
(7) This regulation applies to the further transfer of a transferred part as it applies to a transfer of a capacity agreement.”.

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Source: https://www.legislation.gov.uk/uksi/2016/742/schedule/1/paragraph/22 (the official version)
Page: https://openlegislation.uk/electricity-capacity-amendment-regulations-2016/schedule-1/paragraph-22
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.