CMP342 'Clarification of VAT for Securities in the CUSC': decision on appeal against self-governance decision
Decision
Publication date
Industry sector
- Distribution Network
- Generation and Wholesale Market
- Supply and Retail Market
- Transmission Network
On 28 August 2020, the Connection and Use of System Code (CUSC) Panel voted to implement self-governance modification proposal CMP342 'Clarification of VAT for Securities in the CUSC'. The decision was published on 11 September 2020.
On 2 October 2020, we received a request for an appeal against the CUSC Panel's decision to implement CMP342.
Having duly considered the arguments and evidence submitted, we have decided to reject the appeal. This letter sets out the reasoning for our decision and advises parties on next steps.