OpenLegislation

Paragraph 21 I1

England, Wales and Scotland

(1)

Paragraph 35 is amended as follows.

(2)

In sub-paragraph (2), for “the offshore transmission licence” substitute “a relevant licence”.

(3)

After sub-paragraph (2) insert—

“(2A)

Where a tender exercise is held, as soon as a contract counterparty is satisfied that it will enter into a relevant contract with a particular person if certain matters are resolved to the counterparty’s satisfaction, it must publish a notice to that effect.”

(4)

In sub-paragraph (3), for “The notice” substitute “A notice under sub-paragraph (2) or (2A)”.

(5)

After sub-paragraph (4) insert—

“(4A)

A contract counterparty may withdraw a notice given by it under sub-paragraph (2A) by publishing a notice to that effect.”

(6)

In sub-paragraph (5), after “(2)” insert “or (2A)”.

Annotations

Commencement

I1

Sch. 15 para. 21 in force at Royal Assent, see s. 334(2)(i)