# The Financial Services Act 1986 (Electricity Industry Exemption) Order 2001, Article 5: Exemptions


Each BSC Party shall be an exempted person as respects—
(a) its participation in the Balancing and Settlement Arrangements; or
(b) the provision by it of Balancing Services
where such participation or provision would constitute an activity falling within paragraph 12 or 13 of Schedule 1, or where advice given by it in relation to such participation or provision would constitute an activity falling within paragraph 15 of Schedule 1.

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Source: https://www.legislation.gov.uk/uksi/2001/598/article/5 (the official version)
Page: https://openlegislation.uk/financial-services-act-1986-electricity-industry-exemption-order-2001/article-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.