Paragraph 4

In this Schedule—

• “CFD” is to be construed in accordance with section 6(2);

• “CFD counterparty” is to be construed in accordance with section 7(2);

• “electricity supplier”, subject to any provision made by regulations, means a person who is a holder of a licence to supply electricity under—

  1. (a)

     section 6(1)(d) of EA 1989, or

  2. (b)

     Article 10(1)(c) of the Electricity (Northern Ireland) Order 1992 (S.I. 1992/231 (N.I. 1));

• “investment contract counterparty” is to be construed in accordance with paragraph 5;

• “national system operator” means the person F1designated as the Independent System Operator and Planner under section 162 of the Energy Act 2023;

• “regulations” means regulations made under paragraph 6.

References in this Schedule to a CFD counterparty (apart from the references in paragraphs 9(1)(c) and (d) and 16) are to a CFD counterparty acting as a counterparty in relation to an investment contract (where any property, rights or liabilities under the contract have been transferred to the CFD counterparty by a scheme under paragraph 16).