# The Independent System Operator and Planner Transfer Scheme Compensation (Amendment) Regulations 2024, Note: Explanatory note


(This note is not part of the Regulations)
These Regulations amend the Independent System Operator and Planner Transfer Scheme Compensation Regulations 2024 (S.I. 2024/125) (the “Compensation Regulations”), to correct an error in the commencement provision of the Compensation Regulations.
The Compensation Regulations make provision regarding the compensation determination by an independent valuer under a transfer scheme relating to the establishment or functioning of the Independent System Operator and Planner established under Part 5 of the Energy Act 2023 (c. 52).
These Regulations specify when the Compensation Regulations will come into force, allowing a period between laying and commencement, as was intended.
A full Impact Assessment has not been published in support of this instrument, as no significant impact on the private, voluntary or public sectors is foreseen.

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Source: https://www.legislation.gov.uk/uksi/2024/134/note (the official version)
Page: https://openlegislation.uk/independent-system-operator-and-planner-transfer-scheme-compensation-amendment-regulations-2024/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.