PART 4Capacity agreements: miscellaneous
CHAPTER 2Modifications of Principal Regulations
Non-completion fees: modificationsI127
1
The modifications in paragraph (2) apply in respect of—
a
the conditional agreement auction, including the rights and obligations arising out of, or in relation to, this auction; and
b
capacity agreements that existed on 15th November 2018.
2
Regulation 43A (non-completion fee) of the Principal Regulations applies as if in paragraph (6)—
a
in paragraph (a), “; and” were omitted;
b
in paragraph (b), for “.” there were inserted “
; and
”
; and
c
after paragraph (b), there were inserted—
c
if a non-completion notice is issued during the standstill period, a direction to the Delivery Body to withdraw the termination notice and to terminate a capacity agreement on the ground specified in capacity market rules is to be construed as a reference to a direction to the Delivery Body to withdraw the non-completion notice.