{
  "url": "https://openlegislation.uk/electricity-capacity-supplier-payment-etc-regulations-2014/regulation-23",
  "json_url": "https://openlegislation.uk/electricity-capacity-supplier-payment-etc-regulations-2014/regulation-23.json",
  "legislation": "uksi/2014/3354",
  "legislation_title": "The Electricity Capacity (Supplier Payment etc.) Regulations 2014",
  "legislation_url": "https://openlegislation.uk/electricity-capacity-supplier-payment-etc-regulations-2014",
  "path": "regulation/23",
  "kind": "regulation",
  "number": "23",
  "heading": "Draw down of credit cover",
  "text": "(1) Paragraph (2) applies where an electricity supplier (“S”) does not pay an invoiced amount in accordance with regulation 22(2).\n(2) Where this paragraph applies, the Settlement Body must by T-9 draw down on any existing credit cover of S for the amount due.\n(3) In paragraph (2), “existing credit cover” means the supplier credit cover (if any) of S which applies at the time the draw down is made.",
  "extent": "E+W+S",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in reg. 23(1) substituted (14.7.2016) by The Electricity Capacity (Amendment) Regulations 2016 (S.I. 2016/742), reg. 1(2), Sch. 2 para. 8"
    },
    {
      "type": "I",
      "label": "I1",
      "text": "Reg. 23 in force at 18.12.2014, see reg. 1(2)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2014/3354/regulation/23",
    "retrieved_at": "2026-10-28T23:52:59.171758+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}