Regulation 2 Amendment of the Principal Regulations

for the definition of “individual standard of performance” substitute—

• ““individual standard of performance” means one of the standards of performance a supplier is required to meet under regulations 3 to 6D;”;

after the definition of “micro-business customer” insert—

• ““new supplier” means a supplier who has responsibility for the supply of electricity or gas to the customer after the transfer of the customer from the old supplier to the new supplier;

• “old supplier” means a supplier who had responsibility for the supply of electricity or gas to the customer prior to the transfer of the customer to the new supplier;”;

after the definition of “supplier” insert—

• ““last resort supply direction” means a direction given by the Authority to a supplier to take over responsibility for the supply of electricity or gas to customers of a failed supplier^f1;

• “valid contract” means a contract for the supply of electricity or gas by the supplier to the customer—

  1. (a)

     that has been entered into by the customer;

  2. (b)

     that relates to the premises for which the transfer has been made; and

  3. (c)

     for which the notice of cancellation of that contract has not been received by the new supplier in accordance with any relevant contractual term or applicable statutory provision;”.