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Article 4 Exemptions from Article 8(1)(d) of the Order

Original text. Later amendments are not shown.

(1)

The class of person referred to in Article 3(1) is any person who has—

(a)

been granted a licence under section 14(1)(j) of the Irish Act; and

(b)

who has entered into an agreement or arrangement with all Northern Ireland licensees in relation to the discharge of their responsibilities, pursuant to the trading and settlement code referred to in the SEM Memorandum, for calculating charges and other payments due under that code.

(2)

For the purposes of this Article any reference to a provision of the Irish Act includes a reference to that provision as for the time being amended or substituted so far as it remains consistent therewith.