# The Electricity and Gas (Competitive Tenders for Smart Meter Communication Licences) Regulations 2012, Paragraph 3

Extent: E+W+S

In paragraph 1(e), “insider information” means information which—
(a) is used by a tender participant in the preparation of a competition document;
(b) relates to any other tender participant, or to any matter concerning the competent authority’s consideration of competition document, or otherwise to the requirement to provide a smart meter communication service;
(c) is relevant to the tender exercise; and
(d) is not generally available to all the tender participants who are participating in the stage of the tender exercise to which the competition document relates.

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Source: https://www.legislation.gov.uk/uksi/2012/2414/schedule/5/paragraph/3 (the official version)
Page: https://openlegislation.uk/electricity-and-gas-competitive-tenders-for-smart-meter-communication-licences-regulations-2012/schedule-5/paragraph-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.