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.