Paragraph 5 I1

(1)

The provision that may be made by an energy transfer scheme includes the transfer of a relevant licence from the old energy company to the new energy company.

(2)

Such a transfer may relate to the whole or any part of the licence.

(3)

Where such a transfer relates to a part of the licence, the provision made under sub-paragraph (1) may include—

(a)

provision apportioning responsibility between the old energy company and the new energy company in relation to—

(i)

the making of payments required by conditions included in the licence;

(ii)

ensuring compliance with any other requirements of the conditions included in the licence; and

(b)

provision making incidental modifications to the terms and conditions of the licence.

(4)

References in this paragraph to a part of a licence are references to one or both of—

(a)

a part of the activities authorised by the licence;

(b)

a part of the area in relation to which the holder of the licence is authorised to carry on those activities.

Annotations

Commencement

I1: Sch. 21 para. 5 in force at 5.10.2004 by S.I. 2004/2575, art. 2(1), Sch. 1

Notes on Schedule 21

Modifications

C1: Sch. 21 modified (1.10.2005) by Energy Administration Rules 2005 (S.I. 2005/2483), rules 1, 184 (with rules 3, 187)
C2: Sch. 21 applied (with modifications) (18.12.2011) by Energy Act 2011 (c. 16), ss. 96(1)-(4), 121(3)
C3: Sch. 21 modified (7.6.2013) by The Energy Supply Company Administration Rules 2013 (S.I. 2013/1046), rules 1, 205(2)-(4) (with rules 3, 208)
C4: Sch. 21 applied (with modifications) (23.7.2018) by Smart Meters Act 2018 (c. 14), ss. 4(1)-(4), 14(5)
C5: Schs. 20, 21 modified (E.W.) (1.8.2020) by The Smart Meter Communication Licensee Administration (England and Wales) Rules 2020 (S.I. 2020/629), rules 1, 3(2)-(4) (with rule 4(1))
C6: Sch. 21 applied (with modifications) (31.3.2022 for specified purposes, 1.6.2022 in so far as not already in force) by Nuclear Energy (Financing) Act 2022 (c. 15), ss. 33(1)-(5), 44(1)(c)(2)(c)
C7: Sch. 21 power to apply (with modifications) conferred (26.10.2023) by Energy Act 2023 (c. 52), s. 334(2)(l), Sch. 18 para. 50
C8: Sch. 21 applied (with modifications) (26.12.2023) by Energy Act 2023 (c. 52), ss. 44, 334(3)(a)