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Schedules

Prospective

Schedule 12E+W+SGovernance of gas and electricity industry codes: transitional provision

Arrangements in connection with code consolidationE+W+S

7(1)The GEMA may, in connection with the consolidation of one or more qualifying documents, make a scheme for the purpose of securing the continued effect of rights or liabilities under a contract that is a qualifying contract within paragraph 1(3)(a).

(2)Consolidation”, in relation to a qualifying document, means the incorporation of the whole or part of the provision made by the document into another document.

(3)A scheme under this paragraph may make incidental, supplementary or consequential provision (including provision amending the qualifying contract).

Commencement Information

I1Sch. 12 para. 7 not in force at Royal Assent, see s. 334(1)