Glossary
P114
Formal title: Entitlement of Licence Exemptable Generators (LEGs) and other Non-trading Parties to BSC Membership Without Evidence of Trading.
Current Status
Submission
Initial Written Assessment
Assessment Procedure
Report Phase
With Authority
Awaiting Implementation
Implemented
Summary
This Modification seeks to alter the current conditions of paragraph 2.6 of Section A of the BSC related to “Withdrawal of a Party which does not commence trading” to allow full access to market data. It proposes that Licence Exemptable Generators (LEGs) and other Non-trading Parties should be entitled to remain BSC Parties if none of the steps referred to in A2.6.3 are taken.
Progression
The Authority approved the Proposed Modification on 13 August 2003. P114 was implemented in the CVA February 04 Release on 24 February 2004.