The Independent System Operator and Planner Transfer Scheme Compensation Regulations 2024
Write the words of this act the way you think they should read. Solon shows your change as a redline against the published text and pins it to that exact text, so it can never be applied to wording you did not see.
Change 1
7 Proposals for and appointment of a valuer
(1) In proposing or appointing a valuer the Secretary of State and the transferor must have regard to— (a) the extent to which the valuer has relevant experience of the regulated energy or infrastructure sector in Great Britain; (b) the extent to which the valuer has relevant experience of performing valuation work of complex, high value businesses; (c) the extent to which the valuer is sufficiently resourced to carry out the compensation determination as soon as practicable after being appointed; (d) whether the valuer has appropriate professional indemnity insurance; (e) any conflicts of interest of the valuer which might arise between its engagement in determining the compensation and its provision of other services; (f) whether the valuer has appropriate measures in place to mitigate any conflicts of interest. (2) The valuer may be an individual or an organisation.
7 Proposals for and appointment of a valuer
(1) In proposing or appointing a valuer the Secretary of State and the transferor must have regard to— (a) the extent to which the valuer has relevant experience of the regulated energy or infrastructure sector in Great Britain; (b) the extent to which the valuer has relevant experience of performing valuation work of complex, high value businesses; (c) the extent to which the valuer is sufficiently resourced to carry out the compensation determination as soon as practicable after being appointed; (d) whether the valuer has appropriate professional indemnity insurance; (e) any conflicts of interest of the valuer which might arise between its engagement in determining the compensation and its provision of other services; (f) whether the valuer has appropriate measures in place to mitigate any conflicts of interest. (2) The valuer may be an individual or an organisation.
One line that says what changes, such as "Halve the dog tax".
Who it helps, what it costs, what it fixes. It is what persuades people to support it.
How this law is officially changed
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