The Electricity Capacity Regulations 2014
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Change 1
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.
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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