PART 2Electricity Market Reform
CHAPTER 2Contracts for Difference
25Shadow directors, etc.
Neither the Secretary of State nor the national system operator is, by virtue of the exercise of a power conferred by or by virtue of this Chapter, to be regarded as—
a
a person occupying in relation to a CFD counterparty the position of director;
b
being a person in accordance with whose directions or instructions the directors of a CFD counterparty are accustomed to act;
c
exercising any function of management in a CFD counterparty;
d
a principal of a CFD counterparty.