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2.—(1) In paragraph 1, “a settled half hourly meter” is a meter which—
(a)is able to measure electricity supplied at least every half hour; and
(b)enables the supplier to comply with provisions of its licence to determine charges between that supplier and another licence holder in respect of the transmission and trading of wholesale electricity.
(2) In sub-paragraph (1), “licence” means—
(a)in Great Britain, a licence within the meaning of section 6(1) of the Electricity Act 1989(1);
(b)in Northern Ireland, a licence within the meaning of Article 10(1) or (2) of the Electricity (Northern Ireland) Order 1992(2).
1989 c. 29. Section 6(1) has been amended by section 30 of the Utilities Act 2000 (c. 27) and sections 136(1), 145(1) and (5) and 197(9) of and Part 1 of Schedule 3 to the Energy Act 2004 (c. 20).
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