Electricity Regulation (Amendment) (Single Electricity Market) Act 2007

Licences.

12.— Section 14(1) of the Act of 1999 is amended—

(a) in subsection (1)—

(i) by the insertion in paragraph (c) of “or section 9BA” after “section 9(1)(d)”,

(ii) by the insertion in paragraph (d) of “or section 9BA” after “section 9(1)(d)”,

(iii) by the substitution in paragraph (i) of “maintain an interconnector, or” for “maintain an interconnector,”, and

(iv) by the insertion after paragraph (i) of the following paragraph:

“(j) to act as the Single Electricity Market operator,”,

(b) by the insertion after subsection (2D) of the following subsections:

“(2E) A licence under subsection (1) may include such terms and conditions relating to participation in and the operation of the Single Electricity Market as the Commission considers necessary or expedient.

(2F) The Commission may grant an exemption from the requirement to hold a licence to act as the Single Electricity Market operator to a person who holds a licence to perform corresponding functions in Northern Ireland.”,

and

(c) by the insertion after subsection (14) of the following subsection:

“(15) For the purposes of this section a person acts as Single Electricity Market operator if the responsibilities of that person include responsibility, pursuant to the Trading and Settlement Code under the Single Electricity Market, for calculating charges and other payments due under that code.”.