SCHEDULES
SCHEDULE 7 Transitional provisions and savings
Part II Secretary of State’s licensing schemes
Existing electricity supply licences
14
1
The Secretary of State shall as soon as practicable after the passing of this Act make a scheme under this paragraph in relation to existing licences under section 6(1)(c) of the 1989 Act which—
a
are held by a person whose activities include both of those mentioned in paragraph 1(1); and
b
are not the subject of a scheme under paragraph 13.
2
A scheme under this paragraph shall provide for each licence to which it relates to have effect on and after such date as the scheme may specify as if it were—
a
a distribution licence and a supply licence, each granted to the holder of the existing licence;
b
a distribution licence; or
c
a supply licence.
3
In this paragraph “existing”, in relation to a licence, means in force immediately before the date mentioned in sub-paragraph (1).