SCHEDULES

SCHEDULE 1PROPERTY ARRANGEMENTS SCHEMES

Applications for schemes

2

1

An application for the making of a property arrangements scheme may be made by—

a

the system operator,

b

the relevant existing transmission licence holder, or

c

by both jointly.

2

No application for a property arrangements scheme may be made after the end of the period of three months beginning with the day on which Article 5 comes into operation.

3

An application for a property arrangements scheme shall specify the property, rights or liabilities in relation to which provision of a kind mentioned in paragraph 1(1) is proposed to be included in the scheme.