PART 5Conditional agreement auction

The non-payment register: modifications

47.  Regulation 47 (the non-payment register) of the Principal Regulations applies as if—

(a)in paragraph (4), after sub-paragraph (a), there were inserted—

(aa)relating to—

(i)a payment of standstill collection period supplier charge; or

(ii)a mutualisation payment (including a supplementary mutualisation payment) in respect of a standstill collection period,

which is not fully paid (including any late payment interest due in respect of that charge or payment), after the last scheduled annual reconciliation run under Part 5 of the Supplier Payment Regulations for the delivery year in respect of which the entry was made;; and

(b)for paragraph (7), there were inserted—

(7) In this regulation—

“late payment interest” has the meaning given in regulation 11(3) of the Supplier Payment Regulations;

“payer” means a person to whom an invoice is issued under these Regulations or the Supplier Payment Regulations;

“mutualisation payment” has the meaning given in regulation 7A(4) of the Supplier Payment Regulations;

“scheduled annual reconciliation run” has the meaning given in regulation 18(1)(b) of the Supplier Payment Regulations; and

“standstill collection period supplier charge” has the meaning given in regulation 2(1) of the Supplier Payment Regulations..