PART 2Electricity Market Reform
CHAPTER 2Contracts for Difference
25Shadow directors, etc.
Neither the Secretary of State nor the national system operator is, by virtue of the exercise of a power conferred by or by virtue of this Chapter, to be regarded as—
(a)
a person occupying in relation to a CFD counterparty the position of director;
(b)
being a person in accordance with whose directions or instructions the directors of a CFD counterparty are accustomed to act;
(c)
exercising any function of management in a CFD counterparty;
(d)
a principal of a CFD counterparty.