SCHEDULES

SCHEDULE 7 U.K. Transitional provisions and savings

Part I U.K. Separation of electricity supply and distribution

Interpretation U.K.

11 U.K.In this Part of this Schedule—

• “effective date” has the meaning given by paragraph 6(2);

• “existing” in relation to an electricity licence, means in force immediately before the passing of this Act;

• “the supplier” means the person who makes a transfer scheme;

• “transferee” means the transferee under a transfer effected by paragraph 6;

• “transfer scheme” means a scheme under paragraph 2.