Paragraph 1 Regulation 2 (interpretation)

(1)

In regulation 2(1)—

(a)

after the definition of “financial year” insert—

““gross demand”, in relation to an electricity supplier (“S”), means the amount of electricity (expressed in MWh) supplied by S to premises in Great Britain;”; and

(b)

omit the definition of “net demand”.

(2)

Omit regulation 2(3) and (4).

(3)

In regulation 2(5), omit ““the Balancing and Settlement Code”;” and ““GB transmission system”;”.