Schedules

Schedule 9Independent System Operator and Planner: transfers

Part 2Other provision about transfers and designation

I114Reimbursement and compensation: further provision

1

The Secretary of State may reimburse a person in respect of expenditure reasonably incurred by the person—

a

in preparation for or in connection with the designation of a person under section 162(1), or

b

in connection with the making of a transfer scheme.

2

The Secretary of State may make regulations providing for the payment of compensation by the Secretary of State to a person (other than the transferor in relation to a transfer scheme) who has suffered loss or damage in consequence of anything done by the Secretary of State in preparation for or in connection with the designation of a person under section 162(1).