Affect Energy Limited - Notice of Revocation of a Gas Supply Licence
Licence revocation
- Publication date
- Company
- Affect Energy Limited
- Industry sector
- Supply and Retail Market
- Licence type
- Gas Supplier Licence
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. Affect Energy Limited, (company registration number 09263368), having its registered office at 6th Floor, 33 Holborn, London, EC1N 2HT, 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. Paragraph 1(e) of Schedule 2 of the Licence provides that the Gas and Electricity Markets Authority (the “Authority”) may at any time revoke the Licence on giving no less than 30 days’ notice to Affect Energy Limited where it has not commenced the licensable activity within 1 year after the date on which the Licence comes into force or has ceased to supply gas to all customers.
4. The licensee has ceased to supply gas to all customers.
Reasons for Decision
5. The Authority has decided that the Licence should be revoked in accordance with paragraph 1(e)(ii) of Schedule 2 of the Licence because the Licensee has ceased to supply gas to all customers.
Therefore
6. The Authority hereby gives notice that, unless the Authority otherwise directs, the Licence will be revoked with effect from 05:01am on 14th February 2022.
Lynn Parker
Duly authorised on behalf of the Gas and Electricity Markets Authority
14 January 2022