The Electricity Capacity (Supplier Payment etc.) Regulations 2014
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Change 1
29 Effect of non-compliance
(1) Paragraph (2) applies where— (a) S has been entered on the credit default register as being in capacity market stage 1 credit default in respect of month M; and (b) either— (i) S does not comply with regulation 28(3)(b); or (ii) the Settlement Body gives S notice under regulation 28(4)(b) that credit cover provided by S under regulation 28(3)(b) is not approved, or approved only in part. (2) Where this paragraph applies, S must be entered by the Settlement Body on the credit default register as being in “capacity market stage 2 credit default” in respect of month M.
29 Effect of non-compliance
(1) Paragraph (2) applies where— (a) S has been entered on the credit default register as being in capacity market stage 1 credit default in respect of month M; and (b) either— (i) S does not comply with regulation 28(3)(b); or (ii) the Settlement Body gives S notice under regulation 28(4)(b) that credit cover provided by S under regulation 28(3)(b) is not approved, or approved only in part. (2) Where this paragraph applies, S must be entered by the Settlement Body on the credit default register as being in “capacity market stage 2 credit default” in respect of month M.
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