RidgeEnergy Ltd - Notice of revocation of a gas shipper licence
Licence revocation
NOTICE OF REVOCATION OF A LICENCE PUSUANT TO SECTION 7A WITH REASONS PURSUANT TO SECTION 38A OF THE GAS ACT 1986
Notice of Revocation
Whereas
1. RidgeEnergy Ltd (company registration number 08612893), having its registered office at Noah's Ark Market Street, Charlbury, Chipping Norton, Oxfordshire, England, OX7 3PL, United Kingdom is the holder of a Gas Shipper Licence (“the Licence”) granted or treated as granted under section 7A(2) 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 RidgeEnergy Ltd where it agrees in writing with the Authority that the Licence should be revoked.
4. By letter dated 14 February 2019 RidgeEnergy Ltd requested revocation of the Licence.
Therefore
5. The Authority hereby gives notice that with effect from 01 May 2019 the Licence shall be revoked.
Reasons for Decision
6. 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 14 February 2019. 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