SCHEDULES

SCHEDULE 7 Transitional provisions and savings

Part I Separation of electricity supply and distribution

Nominations and transfer schemes

4

The Secretary of State may, on the application of a person to whom paragraph 1 applies, direct that paragraphs 1 and 2 are to apply to his existing supply licence (or such of his existing supply licences as may be nominated under paragraph 1(4)) as if—

a

in paragraph 1(2) for “a distribution licence” there were substituted “ two distribution licences ”;

b

in paragraph 1(3) for “one” there were substituted “ two ” and for “two” there were substituted “ three ”;

c

in paragraph 2(1)(a) for “a nomination” and “associate” there were substituted respectively “ two nominations ” and “ associates ”; and

d

in paragraph 2(1)(b) for “two” there were substituted “ three ”.