Consultation on equity sale reporting requirement
Consultation
- Upcoming
- Open
- Closed (awaiting decision)
- Closed (with decision)
- Publication date
- Closing date
- Industry sector
- Offshore Transmission Network
- Licence type
- Electricity Offshore Transmission Licence
The purpose of this letter is to set out and consult on proposals to modify the amended standard licence conditions of the offshore electricity transmission licence to include a requirement for offshore transmission owners (OFTOs) to report annually on the size and value of equity transactions.
We consulted on whether to introduce this reporting requirement into all existing and future OFTO licences. However, please note that the reporting requirement would not have retrospective effect. If introduced, it would only apply from the point at which the licence condition takes effect.
This consultation closed on 3 July 2014. As a result of this consultation, we held a statutory consultation on the proposed changes to the offshore electricity transmission licence.
Respond name
Tom Roberts