Paragraph 12 Regulation 2 (interpretation)

In regulation 2(1), for the definition of “half hourly meter” substitute—

• ““half hourly meter” means a meter which measures import or export of electricity (or, in the case of an electricity interconnector, measures net output)—

  1. (a)

     on a half hourly basis; or

  2. (b)

     on a basis which enables meter readings to be aligned with a settlement period;”.