SCHEDULES

SCHEDULE 12PROTECTIVE PROVISIONS

PART 3FOR THE PROTECTION OF NATIONAL GRID ELECTRICITY TRANSMISSION PLC AS ELECTRICITY UNDERTAKER

Arbitration

33.  Save for differences or disputes arising under paragraphs 25(2), 25(4), 26(1) and 27 any difference or dispute arising between the undertaker and National Grid under this Part of this Schedule must, unless otherwise agreed in writing between the undertaker and National Grid, be determined by arbitration in accordance with article 40 (arbitration).