Paragraph 2 Settled half hourly meters
(1)
In paragraph 1, “a settled half hourly meter” is a meter which—
(a)
is able to measure electricity supplied at least every half hour; and
(b)
enables the supplier to comply with provisions of its licence to determine charges between that supplier and another licence holder in respect of the transmission and trading of wholesale electricity.
Annotations
Footnotes
- f1
-
1989 c. 29. Section 6(1) has been amended by section 30 of the Utilities Act 2000 (c. 27) and sections 136(1), 145(1) and (5) and 197(9) of and Part 1 of Schedule 3 to the Energy Act 2004 (c. 20).
- f2