167 Direction for transmission licence to have effect as electricity system operator licence

167  Direction for transmission licence to have effect as electricity system operator licence

(1)     The Secretary of State may (instead of granting an electricity system operator licence) direct that a pre-commencement transmission licence is to have effect as an electricity system operator licence.

(2)     A direction under this section may provide that a licence that has effect by virtue of the direction includes such terms and conditions as are specified, or of a description

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