P414: Allowing a Party to Withdraw from the BSC and transfer outstanding liabilities to another Party
Decision
Publication date
Industry sector
Generation and Wholesale Market
BSC P414 seeks to enable a BSC Party to withdraw from the BSC as soon as practical after serving a Withdrawal Notice provided that all liabilities under the BSC are either satisfied or transferred to another legal entity (who is already a Party to the BSC and registered in the same roles) through a transfer of the BSC Party ID to that entity.