The Independent System Operator and Planner Transfer Scheme Compensation Regulations 2024
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Change 1
4 Transfer offers and draft offers
(1) Draft offers and transfer offers must be in writing. (2) Draft offers must include transfer documents. (3) Transfer offers must include transfer documents which are substantially complete, save only for points to be addressed by minor or technical amendments and additions which would not have more than a negligible impact on compensation, or on the obligations of the transferor or the Secretary of State, under the transfer documents. (4) Where the Secretary of State makes a draft offer or a transfer offer, the Secretary of State is under no obligation to make a transfer scheme, or to enter into contractual arrangements, on the terms set out in the draft offer or transfer offer.
4 Transfer offers and draft offers
(1) Draft offers and transfer offers must be in writing. (2) Draft offers must include transfer documents. (3) Transfer offers must include transfer documents which are substantially complete, save only for points to be addressed by minor or technical amendments and additions which would not have more than a negligible impact on compensation, or on the obligations of the transferor or the Secretary of State, under the transfer documents. (4) Where the Secretary of State makes a draft offer or a transfer offer, the Secretary of State is under no obligation to make a transfer scheme, or to enter into contractual arrangements, on the terms set out in the draft offer or transfer offer.
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