The Electricity (Early-Model Competitive Tenders for Onshore Transmission Licences) Regulations 2025
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Change 1
38 Conflicts assessments
(1) Before publishing an intention to commence notice in relation to an onshore transmission tender exercise, each tender party must prepare its own conflicts assessment in relation to the onshore transmission tender exercise. (2) A conflicts assessment must include details of— (a) conflicts or potential conflicts of interest identified in accordance with regulation 36, and (b) any steps the tender party has taken or will take for the purposes of regulation 37. (3) If a tender party is aware of circumstances that it considers are likely to cause a reasonable person to wrongly believe there to be a conflict or potential conflict of interest, a conflicts assessment must also include details of any steps the tender party has taken or will take to demonstrate that no such conflict or potential conflict exists. (4) Each tender party must— (a) keep any conflicts assessment under review, (b) revise the assessment as necessary, and (c) when an intention to commence notice is published or a notice is published in accordance with regulation 24(1)(b), confirm that a conflicts assessment has been prepared and revised in accordance with this regulation. (5) Paragraph (4) does not apply after— (a) the Authority has published its determination to award an onshore transmission licence pursuant to regulation 28(3)(a), or (b) an onshore transmission tender exercise has finished.
38 Conflicts assessments
(1) Before publishing an intention to commence notice in relation to an onshore transmission tender exercise, each tender party must prepare its own conflicts assessment in relation to the onshore transmission tender exercise. (2) A conflicts assessment must include details of— (a) conflicts or potential conflicts of interest identified in accordance with regulation 36, and (b) any steps the tender party has taken or will take for the purposes of regulation 37. (3) If a tender party is aware of circumstances that it considers are likely to cause a reasonable person to wrongly believe there to be a conflict or potential conflict of interest, a conflicts assessment must also include details of any steps the tender party has taken or will take to demonstrate that no such conflict or potential conflict exists. (4) Each tender party must— (a) keep any conflicts assessment under review, (b) revise the assessment as necessary, and (c) when an intention to commence notice is published or a notice is published in accordance with regulation 24(1)(b), confirm that a conflicts assessment has been prepared and revised in accordance with this regulation. (5) Paragraph (4) does not apply after— (a) the Authority has published its determination to award an onshore transmission licence pursuant to regulation 28(3)(a), or (b) an onshore transmission tender exercise has finished.
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