British Energy Direct Limited - Notice of revocation of an electricity supply licence
Licence revocation
Publication date
Company
Industry sector
Supply and Retail Market
Licence type
Electricity Supply Licence
NOTICE OF REVOCATION OF A LICENCE PURSUANT TO SECTION 6 TOGETHER WITH REASONS PURSUANT TO SECTION 49A OF THE ELECTRICITY ACT 1989
Notice of Revocation
Whereas
1. British Energy Direct Limited, (company registration number 04935015), having its registered office at Barnett Way, Barnwood, Gloucester, GL4 3RS, United Kingdom, is the holder of an Electricity Supply Licence (“the Licence”) granted or treated as granted under Section 6(1)(d) of the Electricity Act 1989.
2. Section 6(8) of the Act provides that a Licence granted or treated as granted under the Act may be revoked in accordance with any term contained in it.
3. The terms of the Licence provide that the Gas and Electricity Markets Authority (“the Authority”) may at any time revoke the Licence on giving not less than 30 days’ notice to British Energy Direct Limited where it agrees in writing with the Authority that the Licence should be revoked.
4. By letter dated 8 July 2015 British Energy Direct Limited requested revocation of the Licence.
5. The Authority is satisfied that any arrangements required to be made in accordance with the terms of Standard Licence Conditions 7-10 of the Electricity Supply Licence have been made if applicable.
Therefore
6. The Authority hereby gives notice that with effect from 16 May 2016 the Licence shall be revoked.
Reasons for Decision
7. The Licensee requested in writing to the Authority that the Licence should be revoked in accordance with paragraph 1(a) of Schedule 2 of the Licence by letter dated 8 July 2015. The Authority agrees the revocation shall take place.
The Official seal of the Gas and Electricity
Markets Authority here
affixed is authenticated by –
Lesley Nugent
Authorised in that
behalf by the Authority