Schedules
Schedule 15Competitive tenders for electricity projects
Part 1Amendments of Electricity Act 1989
I121
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)”
.