Early Settlement Payment Procedure
The procedure has been established so Market Participants can elect to make settlement payments on the 19th business day after the end of the billing period (i.e. the business day prior to settlement payment date, referred to as the early payment date). This enables greater flexibility in making settlement payments, and to reduce the risk of payment delays. A Market Participant may also make an early payment in response to a prudential issue.
| Early Settlement Payment Procedure - Final Version 1 22 Dec 2009 | filename: 0500-0015.pdf |
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AEMO has conducted a consultation on a proposed optional NEM Early Settlement Payment Procedure.
The procedure is being established so Market Participants can optionally make settlement payments on the 19th business day (i.e. the business day prior to settlement payment date, referred to as the early payment date).
The procedure has now been finalised and becomes effective 22 December 2009.
| Early Settlement Payment Procedure - Final Report 22 Dec 2009 | filename: 0500-0014.pdf |
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| Early Settlement Payment Procedure 17 Sep 2009 | filename: 0508-0001.pdf |
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