Section 12 Reconciliation mechanism: licence modifications

(1)

The Secretary of State may, for the purpose of enabling or facilitating the establishment or operation of a reconciliation mechanism, modify—

(a)

a condition of a particular licence under F1section 6(1)(b), (d) or (da) of the Electricity Act 1989 (transmission, supply and electricity system operator licences);

(b)

the standard conditions incorporated in licences under those provisions by virtue of section 8A of that Act;

(c)

a document maintained in accordance with the conditions of licences under section 6(1) of that Act, or an agreement that gives effect to a document so maintained.

(2)

Provision included by virtue of the power in subsection (1) in licences, or in a document or agreement relating to licences, need not relate to the activities authorised by the licences.

(3)

Without prejudice to section 33(4), provision included by virtue of that power in a document or agreement relating to licences may make different provision for different cases.

(4)

Before making a modification under this section, the Secretary of State must consult—

(a)

holders of any licence being modified,

(b)

the Authority, and

(c)

such other persons as the Secretary of State thinks it is appropriate to consult.

Annotations

Textual amendments

F1: Words in s. 12(1)(a) substituted (1.10.2024) by The Energy Act 2023 (Consequential Amendments) Regulations 2024 (S.I. 2024/706), regs. 1(1), 8; S.I. 2024/957, reg. 2(a)