SCHEDULES

SCHEDULE 7 Transitional provisions and savings

Part I Separation of electricity supply and distribution

Nominations and transfer schemes

3

1

If the supplier is a supplier to whom paragraph 1(5) applies, he may, before such date as the Secretary of State may direct—

a

make such nomination or nominations as he thinks fit for either or both of the purposes mentioned in paragraph 1(6); and

b

include the associate or associates so nominated among the persons between whom his property, rights and liabilities may be divided by the transfer scheme.

2

Paragraph 2 applies to a transfer scheme dividing property, rights and liabilities between persons including persons nominated for the purposes of paragraph 1(6) with the substitution—

a

in sub-paragraph (2)(c) for the words from “the other such” to “both”; and

b

in sub-paragraph (3)(b) for the words from “the” (in the first place it appears) to “both”,

of the words “any one or more”.