Danske Commodities A/S – Notice of Revocation of an Electricity Supply Licence
Licence revocation
- Publication date
- Company
- Danske Commodities A/S
- Industry sector
- Supply and Retail Market
- Licence type
- Electricity Supply Licence
NOTICE OF REVOCATION OF A LICENCE PURSUANT TO SECTION 6 OF THE ELECTRICITY ACT 1989
Notice of Revocation
Whereas
1. Danske Commodities A/S, (company registration number FC031884, having its registered office at 3rd Floor, Waverley House, 7-12 Noel Street, London, W1F 8GQ), is the holder of an Electricity Supply Licence (the “Licence”) granted or treated as granted under Section 6(1)(d) of the Electricity Act 1989 (the “Act”).
2. Section 6(8) 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 Authority may at any time revoke the Licence on giving not less than 30 days notice to Danske Commodities A/S, where it agrees in writing with the Authority that the Licence should be revoked.
4. By email dated 23 February 2022, confirmed that the Licence is no longer required and agreed with the Authority that the Licence should be revoked.
Reasons for Decision
5. Danske Commodities A/S, has agreed in writing with the Authority that the Licence is no longer required and should be revoked in accordance with the terms of the Licence by email dated 23 February 2022.
Therefore
6. The Authority hereby gives notice that, unless the Authority otherwise directs, the Licence will be revoked with effect from 00:01am on 27 March 2022.
Lynn Parker
Duly authorised on behalf of the Gas and Electricity Markets Authority
23 February 2022