21(1)Paragraph 35 is amended as follows.E+W+S
(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)”.
Commencement Information
I1Sch. 15 para. 21 in force at Royal Assent, see s. 334(2)(i)