INVOICING OF FEES
If the calendar month pertaining to transactions concluded in the MGAS is identified with “M”, then in the month “M+1” and within the time limits established in the Technical Rules, GME will provide Participants, through the "SetService" platform, with one or more pro-forma invoice notifications in respect of the variable fees that they owe to GME for each MWh traded.
GME will provide each Market Participant with one or more invoices in respect of the above-mentioned fees in accordance with the following timetable:
- PA Participants, within the 6th working day of the month M+1;
- non-PA Participants, within the 10th working day of the month M+1.
With regard to invoices in respect of other fees payable in the MGAS, GME will issue to each Participant:
- an invoice for the access fee, within five days of the date of admission;
- an invoice for the yearly fixed fee, within the third working day of the month following the date of admission, for the first twelve months, and subsequently every twelve months.
Considering the calendar year as the invoicing year and within the time limits established in the Technical Rules, GME will provide Market Participants with one or more pro-forma invoice notifications in respect of the fees for requests of cancellation of transactions in the MPGAS.
GME will issue one or more invoices to Market Participants in respect of the above-mentioned fees according to the following timetable:
- PA Participants, within the 6th working day of the month following the last day included in the invoicing period;
- non-PA Participants, within the 10th working day of the month following the last day included in the invoicing period.
Pro-forma invoices notifications and invoices will be exchanged between GME and Market Participants by making them available on the "SetService" electronic platform.
Invoices will be transmitted through the “Sistema di Interscambio” (SDI) information system, if the applicable legislation on electronic invoicing and the related implementing provisions so require.
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