The Electricity Capacity (Supplier Payment etc.) (Amendment and Excluded Electricity) Regulations 2024
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Change 1
4 Relevant Arrangements
(1) For the purposes of regulation 3, “relevant arrangements” means arrangements which are approved by the Settlement Body under paragraph (2) or (3)(a), to enable the provision of information to the Settlement Body about the amount of electricity measured by meters in respect of which CM EII certificates are in force. (2) The Settlement Body must, by 1st July 2024, approve arrangements which it considers will enable the provision of information about the amount of electricity measured by meters in respect of which CM EII certificates are in force. (3) The Settlement Body must keep the relevant arrangements under review and may— (a) approve alternative relevant arrangements; or (b) withdraw approval for relevant arrangements provided that— (i) it has given six months’ notice or more of the withdrawal of approval to electricity suppliers; and (ii) it has ensured that, after the withdrawal of approval of those arrangements, there are relevant arrangements which are approved. (4) The Settlement Body may not approve arrangements as relevant arrangements unless it is satisfied that every electricity supplier is able to participate in such arrangements. (5) Where the Settlement Body approves relevant arrangements it must publish, in such manner as it considers appropriate for the purpose of bringing it to the attention of electricity suppliers, a document which describes those arrangements.
4 Relevant Arrangements
(1) For the purposes of regulation 3, “relevant arrangements” means arrangements which are approved by the Settlement Body under paragraph (2) or (3)(a), to enable the provision of information to the Settlement Body about the amount of electricity measured by meters in respect of which CM EII certificates are in force. (2) The Settlement Body must, by 1st July 2024, approve arrangements which it considers will enable the provision of information about the amount of electricity measured by meters in respect of which CM EII certificates are in force. (3) The Settlement Body must keep the relevant arrangements under review and may— (a) approve alternative relevant arrangements; or (b) withdraw approval for relevant arrangements provided that— (i) it has given six months’ notice or more of the withdrawal of approval to electricity suppliers; and (ii) it has ensured that, after the withdrawal of approval of those arrangements, there are relevant arrangements which are approved. (4) The Settlement Body may not approve arrangements as relevant arrangements unless it is satisfied that every electricity supplier is able to participate in such arrangements. (5) Where the Settlement Body approves relevant arrangements it must publish, in such manner as it considers appropriate for the purpose of bringing it to the attention of electricity suppliers, a document which describes those arrangements.
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