SCHEDULES
SCHEDULE 7 Transitional provisions and savings
Part II Secretary of State’s licensing schemes
Existing electricity supply licences
16
1
The Secretary of State shall as soon as practicable after the passing of this Act make a scheme, in relation to existing licences under section 6(2) of the 1989 Act, providing for each such licence to have effect on and after such date as the scheme may specify as if it were—
a
a supply licence; or
b
an exemption from section 4(1)(c) of the 1989 Act granted under section 5 of that Act (exemptions from prohibition).
2
In this paragraph “existing”, in relation to a licence, means in force immediately before the date mentioned in sub-paragraph (1).