Condition 42 was inserted into the SONI TSO licence following the Utility Regulator’s review of SONI TSO’s governance arrangements.
It contains a number of implementation dates which were premised on the new SONI Board being in place by 1 June 2023.
In practice, the new board was not constituted in accordance with the requirements of Part A of Condition 42 until 1 October 2023.
Consequently, we wish to modify the dates and time periods specified in Condition 42 so as to facilitate the new board having an adequate amount of time to consider and make its decisions on matters relating to implementation of Condition 42.
Therefore we propose a flexible power to change the dates and time periods in the condition by means of a future direction.
The effect of the proposed modification and the reasons we propose to modify the licence are set out in the attached notice alongside a mark-up of the modifications proposed.
Representations or objections with respect to the proposed modifications may be made on or before Monday 20 November 2023 at 17.00