Locus Energy Ltd - Notice of revocation of a gas supply licence
Licence revocation
NOTICE OF REVOCATION OF A LICENCE PURSUANT TO SECTION 7A WITH REASONS PURSUANT TO SECTION 38A OF THE GAS ACT 1986
Notice of Revocation
Whereas
1. Locus Energy Ltd (company registration number 08961481), having its registered office at 4th Floor, Lombard House, Great Charles Street, Birmingham, England, B3 3LP, is the holder of a Gas Supply Licence (“the Licence”) granted or treated as granted under section 7A(1)(a) of the Gas Act 1986 (“the Act”).
2. Section 7B(3) 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 Locus Energy Ltd where it agrees in writing with the Authority that the Licence should be revoked.
4. By letter dated 10 August 2016, Locus Energy Ltd requested revocation of the Licence.
5. The Authority is satisfied that any arrangements required to be made under 7A(9) of the Act have been made if applicable.
Therefore
6. The Authority hereby gives notice that with effect from 30 October 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 10 August 2016, The Authority agrees that 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