PART 3Amendment of the ESO Regulations

Amendment of the ESO Regulations (Regulation 25)30

1

Regulation 25 of the ESO Regulations is amended as follows.

2

For paragraph (3) substitute—

3

Where the CFD counterparty determines that an electricity supplier has not complied with a requirement to ensure that the CFD counterparty holds sufficient collateral under regulation 19(2) it may issue a notice to that supplier which specifies the amount of collateral which the supplier would have to provide to meet that supplier's collateral requirement for the day on which the notice is issued.

3

Omit paragraph (5).