# The Electricity Capacity Regulations 2014, Regulation 48: Payment of credit notes


Subject to regulations 49 to 52, the Settlement Body must pay the amount due to—
(a) each capacity provider issued with a credit note for a capacity payment, by no later than the end of the 33rd working day after the end of the month to which the payment relates; and
(b) each capacity provider issued with a credit note for an over-delivery payment, by no later than the end of the 33rd working day after the end of the delivery year to which the payment relates.

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Source: https://www.legislation.gov.uk/uksi/2014/2043/regulation/48 (the official version)
Page: https://openlegislation.uk/electricity-capacity-regulations-2014/regulation-48
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.