Schedules

Schedule 9Independent System Operator and Planner: transfers

Part 1Transfer schemes

I110Power to amend transfer scheme

1

The Secretary of State may amend a transfer scheme if the Secretary of State considers that the amendment is appropriate—

a

in preparation for or in connection with the designation of a person under section 162(1),

b

for the purpose of enabling the ISOP to carry out any of its functions, or

c

for the purpose of enabling a transferor to carry out any of its functions.

2

The power under sub-paragraph (1) is not exercisable in relation to a transfer scheme after the end of the period of 12 months beginning with the day on which the scheme takes effect.

3

Paragraphs 2 to 7 apply in relation to the amendment of a transfer scheme as they apply in relation to a transfer scheme.

4

A transfer scheme may provide for a transferor or transferee under the scheme to be entitled to compensation in consequence of the amendment of the scheme.

5

Paragraph 8(2) to (5) applies (with any necessary modifications) in relation to an entitlement to compensation under sub-paragraph (4) as it applies in relation to an entitlement to compensation under paragraph 8(1).