PART IVTRANSITIONAL PROVISIONS
Conversion of existing electricity supply licences41
1
In this regulation—
a
references to an existing supply licence are to a licence under Article 10(2) of the 1992 Order which is in force immediately before the commencement date; and
b
references to the commencement date are to the date on which regulation 6 comes into operation.
2
An existing supply licence shall have effect on and after the commencement date—
a
as a licence under Article 10(1)(c) of the 1992 Order (as amended by these Regulations); and
b
with such incidental, consequential and supplementary modifications as appear to the Authority to be necessary or expedient.
3
Modifications under paragraph (2)(b) may relate to—
a
the terms of a licence; or
b
the conditions of a licence.
4
As soon as practicable after the commencement date, the Authority shall publish the text of each licence modified under this regulation.
5
Before modifying any licence under paragraph (2)(b), the Authority shall consult the holder of the licence in such manner as it considers appropriate.
6
Paragraph (5) may be satisfied by consultation before, as well as by consultation after, the commencement date.