# The Electricity Capacity (Amendment) Regulations 2016, Paragraph 7: Regulation 61 (draw down of applicant credit cover)


In regulation 61, after paragraph (4) insert—
“(5) If applicant credit cover relates to a supplementary auction—
(a) paragraph (1) is to be read as if for sub-paragraph (b) there were substituted—
“(b) where CMU i is a distribution CMU in respect of which regulation 60(1)(g)(ii) applies, the credit obligation period has not ended by the date falling 6 months prior to the commencement of the delivery year of A’s capacity agreement in respect of CMU i;
(ba) where CMU i is a prospective generating CMU or a prospective interconnector CMU, the credit obligation period has not ended by the date falling 3 months after the date on which A was awarded a capacity agreement in respect of CMU i;”; and
(b) this regulation has effect as if the following paragraphs were inserted after paragraph (1)—
“(1A) If paragraph (1)(b) applies but the date by which a copy of a distribution connection agreement is required by capacity market rules to be provided in respect of CMU i is extended under regulation 33(2)(b), the date in paragraph (1)(b) is extended to the date to which the requirement is extended.
(1B) If paragraph (1)(ba) applies but the date by which a financial commitment milestone is required by capacity market rules to be met in respect of CMU i is extended under regulation 33(2)(b), the date in paragraph (1)(ba) is extended to the date to which that requirement is extended.”.”

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Source: https://www.legislation.gov.uk/uksi/2016/742/schedule/1/paragraph/7 (the official version)
Page: https://openlegislation.uk/electricity-capacity-amendment-regulations-2016/schedule-1/paragraph-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

