Calculate and issue Debit Notes for the applicable Before 17:00, 4 WD Email / Facsimile Market Participant Participants. the date of issue Operator of the Settlement Document Pay the net of the Debit Note and Settlement Document to Before 17:00, 4 WD In accordance Market Participant each Participant. the date of issue with Agreed Operator of the Self Billing Procedure 17 Invoice and “Banking Participant Payments” Issue a Default Notice to the Participant and initiate Before 17:00, 4 WD In accordance Market Defaulting Suspension procedure in Agreed Procedure 18 after the date or with Agreed Operator Participant "Suspension and Termination". issue of the Procedure 18 Settlement Document and “Suspension Termination” Attempt to recover Unsecured Bad Debt. If Unsecured In accordance with Post, phone, fax Market Reduced Bad Debt is recovered Market Operator issues a timelines for the next Operator Participant Settlement Document for Unsecured Bad Debt. Settlement Document for a Capacity Period recovery of monies. Market Operator pays Settlement Document for In timescales for the In accordance Market Reduced Unsecured Bad Debt. next Settlement with Agreed Operator Participant Documents for a Procedure 17 If there is still Unsecured Bad Debt return to step 12, Capacity Period after and “Banking otherwise end process. recovery of monies. Participant Payments” Payments due to Participants are issued. Before 17:00, 4 WD In accordance Market Participant after the date of issue with Agreed Operator Procedure 17 and “Banking
Calculate and issue Debit Notes for the applicable Participants. Before 17:00, 4 WD the date of issue of the Settlement Document Email / Facsimile Market Operator Participant Pay the net of the Debit Note and Settlement Document to each Participant. Before 17:00, 4 WD the date of issue of the Self Billing Invoice In accordance with Agreed Procedure 17 “Banking and Participant Payments” Market Operator Participant Issue a Default Notice to the Participant and initiate Suspension procedure in Agreed Procedure 18 "Suspension and Termination". Before 17:00, 4 WD after the date or issue of the Settlement Document In accordance with Agreed Procedure 18 “Suspension and Termination” Market Operator Defaulting Participant Attempt to recover Unsecured Bad Debt. If Unsecured Bad Debt is recovered Market Operator issues a Settlement Document for Unsecured Bad Debt. In accordance with timelines for the next Settlement Document for a Capacity Period recovery of monies. Post, phone, fax Market Operator Reduced Participant Market Operator pays Settlement Document for Unsecured Bad Debt. If there is still Unsecured Bad Debt return to step 12, otherwise end process. In timescales for the next Settlement Documents for a Capacity Period after recovery of monies. In accordance with Agreed Procedure 17 “Banking and Participant Payments” Market Operator Reduced Participant Payments due to Participants are issued. Before 17:00, 4 WD after the date of issue In accordance with Agreed Procedure 17 “Banking and Market Operator Participant
Part-B-Agreed-Procedure-15-Settlement-and-Billing.docx