http://www.legislation.gov.uk/ukpga/2013/32/section/25/2013-12-18Energy Act 2013An Act to make provision for the setting of a decarbonisation target range and duties in relation to it; for or in connection with reforming the electricity market for purposes of encouraging low carbon electricity generation or ensuring security of supply; for the establishment and functions of the Office for Nuclear Regulation; about the government pipe-line and storage system and rights exercisable in relation to it; about the designation of a strategy and policy statement; about domestic supplies of gas and electricity; for extending categories of activities for which energy licences are required; for the making of orders requiring regulated persons to provide redress to consumers of gas or electricity; about offshore transmission of electricity during a commissioning period; for imposing fees in connection with certain costs incurred by the Secretary of State; about smoke and carbon monoxide alarms; and for connected purposes.texttext/xmlenStatute Law Database2024-10-302013-12-18PART 2Electricity Market ReformCHAPTER 2Contracts for Difference
25Shadow directors, etc.

Neither the Secretary of State nor the national system operator is, by virtue of the exercise of a power conferred by or by virtue of this Chapter, to be regarded as—

a

a person occupying in relation to a CFD counterparty the position of director;

b

being a person in accordance with whose directions or instructions the directors of a CFD counterparty are accustomed to act;

c

exercising any function of management in a CFD counterparty;

d

a principal of a CFD counterparty.

This XML file does not appear to have any style information associated with it. The document tree is shown below.
<akomaNtoso xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xsi:schemaLocation="http://docs.oasis-open.org/legaldocml/ns/akn/3.0 http://docs.oasis-open.org/legaldocml/akn-core/v1.0/cos01/part2-specs/schemas/akomantoso30.xsd">
<portion includedIn="http://www.legislation.gov.uk/id/ukpga/2013/32">
<meta>
<identification source="#source">
<FRBRWork>
<FRBRthis value="http://www.legislation.gov.uk/id/ukpga/2013/32"/>
<FRBRuri value="http://www.legislation.gov.uk/id/ukpga/2013/32"/>
<FRBRdate date="2013-12-18" name="enacted"/>
<FRBRauthor href="http://www.legislation.gov.uk/id/legislature/UnitedKingdomParliament"/>
<FRBRcountry value="GB-UKM"/>
<FRBRnumber value="32"/>
<FRBRname value="2013 c. 32"/>
<FRBRprescriptive value="true"/>
</FRBRWork>
<FRBRExpression>
<FRBRthis value="http://www.legislation.gov.uk/ukpga/2013/32/section/25/2013-12-18"/>
<FRBRuri value="http://www.legislation.gov.uk/ukpga/2013/32/2013-12-18"/>
<FRBRdate date="2013-12-18" name="validFrom"/>
<FRBRauthor href="#source"/>
<FRBRlanguage language="eng"/>
</FRBRExpression>
<FRBRManifestation>
<FRBRthis value="http://www.legislation.gov.uk/ukpga/2013/32/section/25/2013-12-18/data.akn"/>
<FRBRuri value="http://www.legislation.gov.uk/ukpga/2013/32/2013-12-18/data.akn"/>
<FRBRdate date="2024-11-14Z" name="transform"/>
<FRBRauthor href="http://www.legislation.gov.uk"/>
<FRBRformat value="application/akn+xml"/>
</FRBRManifestation>
</identification>
<lifecycle source="#source">
<eventRef date="2013-12-18" type="generation" eId="enacted-date" source="#source"/>
<eventRef date="2013-12-18" eId="effective-date-1" source="#source"/>
<eventRef date="2014-02-18" eId="effective-date-2" source="#source"/>
<eventRef date="2022-12-25" eId="effective-date-3" source="#source"/>
</lifecycle>
<analysis source="#source">
<restrictions source="#source">
<restriction refersTo="#e+w+s+ni" type="jurisdiction"/>
<restriction href="#part-2" refersTo="#e+w+s+ni" type="jurisdiction"/>
<restriction href="#part-2-chapter-2" refersTo="#e+w+s+ni" type="jurisdiction"/>
</restrictions>
</analysis>
<temporalData source="#source">
<temporalGroup eId="period1">
<timeInterval start="#effective-date-1" refersTo="#period-concept1"/>
</temporalGroup>
<temporalGroup eId="period2">
<timeInterval start="#effective-date-1" end="#effective-date-2" refersTo="#period-concept2"/>
</temporalGroup>
<temporalGroup eId="period3">
<timeInterval start="#effective-date-1" end="#effective-date-3" refersTo="#period-concept3"/>
</temporalGroup>
</temporalData>
<references source="#source">
<TLCOrganization eId="source" href="http://www.legislation.gov.uk/id/publisher/StatuteLawDatabase" showAs="Statute Law Database"/>
<TLCLocation eId="e+w+s+ni" href="/ontology/jurisdictions/uk.EnglandWalesScotlandNorthernIreland" showAs="England, Wales, Scotland, Northern Ireland"/>
<TLCConcept eId="period-concept1" href="/ontology/time/2013.12.18" showAs="since 2013-12-18"/>
<TLCConcept eId="period-concept2" href="/ontology/time/2013.12.18-2014.02.18" showAs="from 2013-12-18 until 2014-02-18"/>
<TLCConcept eId="period-concept3" href="/ontology/time/2013.12.18-2022.12.25" showAs="from 2013-12-18 until 2022-12-25"/>
</references>
<proprietary xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:ukm="http://www.legislation.gov.uk/namespaces/metadata" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:dct="http://purl.org/dc/terms/" xmlns:atom="http://www.w3.org/2005/Atom" source="#source">
<ukl:RestrictStartDate value="2013-12-18"/>
<ukl:RestrictEndDate value="2014-02-18"/>
<dc:identifier>http://www.legislation.gov.uk/ukpga/2013/32/section/25/2013-12-18</dc:identifier>
<dc:title>Energy Act 2013</dc:title>
<dc:description>An Act to make provision for the setting of a decarbonisation target range and duties in relation to it; for or in connection with reforming the electricity market for purposes of encouraging low carbon electricity generation or ensuring security of supply; for the establishment and functions of the Office for Nuclear Regulation; about the government pipe-line and storage system and rights exercisable in relation to it; about the designation of a strategy and policy statement; about domestic supplies of gas and electricity; for extending categories of activities for which energy licences are required; for the making of orders requiring regulated persons to provide redress to consumers of gas or electricity; about offshore transmission of electricity during a commissioning period; for imposing fees in connection with certain costs incurred by the Secretary of State; about smoke and carbon monoxide alarms; and for connected purposes.</dc:description>
<dc:type>text</dc:type>
<dc:format>text/xml</dc:format>
<dc:language>en</dc:language>
<dc:publisher>Statute Law Database</dc:publisher>
<dc:modified>2024-10-30</dc:modified>
<dct:valid>2013-12-18</dct:valid>
<atom:link rel="self" href="http://www.legislation.gov.uk/ukpga/2013/32/section/25/2013-12-18/data.xml" type="application/xml"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/resources" href="http://www.legislation.gov.uk/ukpga/2013/32/resources" title="More Resources"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/notes" href="http://www.legislation.gov.uk/id/ukpga/2013/32/section/25/notes" title="Explanatory Notes"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/notes/toc" href="http://www.legislation.gov.uk/ukpga/2013/32/notes/contents" title="Explanatory Notes Table of Contents"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/act" href="http://www.legislation.gov.uk/ukpga/2013/32/2013-12-18" title="whole act"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/introduction" href="http://www.legislation.gov.uk/ukpga/2013/32/introduction/2013-12-18" title="introduction"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/body" href="http://www.legislation.gov.uk/ukpga/2013/32/body/2013-12-18" title="body"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/schedules" href="http://www.legislation.gov.uk/ukpga/2013/32/schedules/2013-12-18" title="schedules"/>
<atom:link rel="alternate" type="application/rdf+xml" href="http://www.legislation.gov.uk/ukpga/2013/32/section/25/2013-12-18/data.rdf" title="RDF/XML"/>
<atom:link rel="alternate" type="application/akn+xml" href="http://www.legislation.gov.uk/ukpga/2013/32/section/25/2013-12-18/data.akn" title="AKN"/>
<atom:link rel="alternate" type="application/xhtml+xml" href="http://www.legislation.gov.uk/ukpga/2013/32/section/25/2013-12-18/data.xht" title="HTML snippet"/>
<atom:link rel="alternate" type="text/html" href="http://www.legislation.gov.uk/ukpga/2013/32/section/25/2013-12-18/data.htm" title="Website (XHTML) Default View"/>
<atom:link rel="alternate" type="text/csv" href="http://www.legislation.gov.uk/ukpga/2013/32/section/25/2013-12-18/data.csv" title="CSV"/>
<atom:link rel="alternate" type="application/pdf" href="http://www.legislation.gov.uk/ukpga/2013/32/section/25/2013-12-18/data.pdf" title="PDF"/>
<atom:link rel="alternate" type="application/akn+xhtml" href="http://www.legislation.gov.uk/ukpga/2013/32/section/25/2013-12-18/data.html" title="HTML5 snippet"/>
<atom:link rel="http://purl.org/dc/terms/tableOfContents" hreflang="en" href="http://www.legislation.gov.uk/ukpga/2013/32/contents/2013-12-18" title="Table of Contents"/>
<atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/ukpga/2013/32/section/25/enacted" title="enacted"/>
<atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/ukpga/2013/32/section/25" title="current"/>
<atom:link rel="up" href="http://www.legislation.gov.uk/ukpga/2013/32/2013-12-18" title="Entire legislation"/>
<atom:link rel="prev" href="http://www.legislation.gov.uk/ukpga/2013/32/section/24/2013-12-18" title="Provision; Section 24"/>
<atom:link rel="prevInForce" href="http://www.legislation.gov.uk/ukpga/2013/32/section/24/2013-12-18" title="Provision; Section 24"/>
<atom:link rel="next" href="http://www.legislation.gov.uk/ukpga/2013/32/section/26/2013-12-18" title="Provision; Section 26"/>
<atom:link rel="nextInForce" href="http://www.legislation.gov.uk/ukpga/2013/32/section/26/2013-12-18" title="Provision; Section 26"/>
<ukm:PrimaryMetadata>
<ukm:DocumentClassification>
<ukm:DocumentCategory Value="primary"/>
<ukm:DocumentMainType Value="UnitedKingdomPublicGeneralAct"/>
<ukm:DocumentStatus Value="revised"/>
</ukm:DocumentClassification>
<ukm:Year Value="2013"/>
<ukm:Number Value="32"/>
<ukm:EnactmentDate Date="2013-12-18"/>
<ukm:ISBN Value="9780105432135"/>
</ukm:PrimaryMetadata>
<ukm:Notes>
<ukm:Note IdURI="http://www.legislation.gov.uk/id/ukpga/2013/32/section/25/notes" DocumentURI="http://www.legislation.gov.uk/ukpga/2013/32/section/25/notes"/>
<ukm:Alternatives>
<ukm:Alternative URI="http://www.legislation.gov.uk/ukpga/2013/32/pdfs/ukpgaen_20130032_en.pdf" Date="2014-01-10" Title="Explanatory Note" Size="1213524"/>
</ukm:Alternatives>
</ukm:Notes>
<ukm:OtherDocuments>
<ukm:OtherDocument URI="http://www.legislation.gov.uk/ukpga/2013/32/pdfs/ukpgaod_20130032_en.pdf" Date="2022-07-20" Title="Office for Nuclear Regulation Post Implementation Review 2022" Size="1436829"/>
</ukm:OtherDocuments>
<ukm:Alternatives>
<ukm:Alternative URI="http://www.legislation.gov.uk/ukpga/2013/32/pdfs/ukpga_20130032_en.pdf" Date="2013-12-20" Size="1670166"/>
</ukm:Alternatives>
<ukm:Statistics>
<ukm:TotalParagraphs Value="470"/>
<ukm:BodyParagraphs Value="181"/>
<ukm:ScheduleParagraphs Value="289"/>
<ukm:AttachmentParagraphs Value="0"/>
<ukm:TotalImages Value="1"/>
</ukm:Statistics>
</proprietary>
</meta>
<portionBody period="#period2">
<part eId="part-2" period="#period2">
<num>
<strong>PART 2</strong>
</num>
<heading>Electricity Market Reform</heading>
<chapter eId="part-2-chapter-2" period="#period3">
<num>CHAPTER 2</num>
<heading>Contracts for Difference</heading>
<section eId="section-25" period="#period1">
<num>25</num>
<heading>
Shadow directors,
<abbr title="et cetera" xml:lang="la">etc.</abbr>
</heading>
<intro>
<p>Neither the Secretary of State nor the national system operator is, by virtue of the exercise of a power conferred by or by virtue of this Chapter, to be regarded as—</p>
</intro>
<paragraph eId="section-25-a">
<num>a</num>
<content>
<p>a person occupying in relation to a CFD counterparty the position of director;</p>
</content>
</paragraph>
<paragraph eId="section-25-b">
<num>b</num>
<content>
<p>being a person in accordance with whose directions or instructions the directors of a CFD counterparty are accustomed to act;</p>
</content>
</paragraph>
<paragraph eId="section-25-c">
<num>c</num>
<content>
<p>exercising any function of management in a CFD counterparty;</p>
</content>
</paragraph>
<paragraph eId="section-25-d">
<num>d</num>
<content>
<p>a principal of a CFD counterparty.</p>
</content>
</paragraph>
</section>
</chapter>
</part>
</portionBody>
</portion>
</akomaNtoso>