# The Contracts for Difference (Counterparty Designation) Order 2014

S.I. 2014/1709 · made 1 July 2014

By section 7 of the Energy Act 2013 (c.32), the Secretary of State may designate an eligible person as a counterparty for contracts for difference (a “CFD counterparty”), where that person consents to the designation. This Order designates Low Carbon Contracts Company Ltd (company registration number 08818711) as a CFD counterparty. This is the first designation made under section 7 of the Energy Act 2013.

Made under: Energy Act 2013 (Section 7)

PDFs: Printed copy https://openlegislation.uk/contracts-for-difference-counterparty-designation-order-2014/pdf/uksi_20141709_en.pdf; UK Explanatory Memorandum https://openlegislation.uk/contracts-for-difference-counterparty-designation-order-2014/pdf/uksiem_20141709_en.pdf

## Introductory text

Electricity
Made 1st July 2014
Coming into force 1st August 2014
The Secretary of State, in exercise of the powers conferred by section 7 of the Energy Act 2013, makes the following Order:

## 1 Citation and commencement

This Order may be cited as the Contracts for Difference (Counterparty Designation) Order 2014 and comes into force on 1st August 2014.

## 2 Low Carbon Contracts Company Ltd

Low Carbon Contracts Company Ltd, a company registered in England and Wales with company registration number 08818711, being an eligible person, is designated with that person’s consent under section 7 of the Energy Act 2013 as a counterparty for contracts for difference.

## Signature

Michael Fallon
Minister of State
Department of Energy and Climate Change
1st July 2014

## Explanatory note

(This note is not part of the Order)
By section 7 of the Energy Act 2013 (c.32), the Secretary of State may designate an eligible person as a counterparty for contracts for difference (a “CFD counterparty”), where that person consents to the designation. This Order designates Low Carbon Contracts Company Ltd (company registration number 08818711) as a CFD counterparty. This is the first designation made under section 7 of the Energy Act 2013.
An impact assessment has not been produced for this instrument as no impact on the private or voluntary sectors is foreseen.

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Source: https://www.legislation.gov.uk/uksi/2014/1709 (the official version)
Page: https://openlegislation.uk/contracts-for-difference-counterparty-designation-order-2014
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.