SCHEDULES

SCHEDULE 18Property arrangements schemes

Applications for schemes

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1

An application for the making of a property arrangements scheme may be made by—

a

the system operator, or

b

the relevant existing transmission licence holder.

2

No application for a property arrangements scheme may be made after the end of the period of three months beginning with the day on which section 141 comes into force.

3

An application for a property arrangements scheme shall specify the property, rights or liabilities in relation to which provision of a kind mentioned in paragraph 1(1) is proposed to be included in the scheme.