P318 – Change of Party ID/Company Number Through Enabling Assignment
Formal title: Change of Party ID/Company Number Through Enabling Assignment
P318 seeks to enable a Party to transfer its Party ID and/or change its Company Number in order to reassign its rights and obligations under the BSC without going through the full Market Exit and Market Entry procedures. The intention of this Modification is for this to apply when such a change is of an administrative nature only.
P318 was raised on 26 February 2015. The Panel agreed that P318 should be sent into the Assessment Procedure, during which it was issued for the Workgroup’s Assessment Procedure Consultation. The Workgroup recommended that P318 should be approved, and its Assessment Report was presented to the Panel on 10 September 2015.
The Panel initially recommended that P318 should be progressed as a Self-Governance Modification and that it should be approved, and issued its Report Phase Consultation. The Panel made its final decision to approve P318 under Self-Governance on 8 October 2015 for implementation on 25 February 2016 as part of the February 2016 Release.