P438 ‘Amending the BSC to address sanction orders’
Formal title: Amending the BSC to BSC to address sanction orders
This Modification would allow Elexon to seamlessly give effect to sanctions orders.
The current wording of the BSC includes no reference to sanctions. Given this, there is a risk that implementing sanctions or complying with a sanctions order would put BSCCo in breach of the BSC and open BSCCo up to potential claims from the designated entity subject to any sanctions, or from other BSC Parties if steps were taken that were not authorised by the BSC. This Modification seeks to remove this risk by introducing the concept of sanctions into the BSC, as a new Event of Default.