HomeRulebook HomeBalancing and Settlement CodeBSCBSC Section C BSCco and Its SubsidiariesBSC Section C BSCco and Its Subsidiaries V 34 0
CONTENTS
- SECTION C: BSCCO AND ITS SUBSIDIARIES
- 1. GENERAL
- 1.1 Introduction
- 1.2 Role and powers, functions and responsibilities of BSCCo
- 1.3 Objectives
- 2. CONSTITUTION OF BSCCO AND OBLIGATIONS OF THE NETSO AS BSCCO SHAREHOLDER
- 2.1 Constitution of BSCCo
- 2.2 Share capital of BSCCo
- 2.3 Further undertakings of NETSO
- 2.4 No obligation to finance
- 2.5 Winding-up of BSCCo
- 2.6 Legal Requirements relating to the NETSO
- 2.7 Taxation and other payments
- 3. POWERS AND FUNCTIONS OF BSCCO
- 3.1 General
- 3.2 Panel Secretary
- 3.3 Enforcement of Code
- 3.4 Restrictions on powers of BSCCo
- 3.5 BSCCo resources
- 3.6 Provision of information to the Authority, etc
- 3.7 Matters relating to the Transmission Licence
- 3.8 Reviews of the Code
- 3.9 Not used
- 3.10 Summary of Code
- 4. GOVERNANCE OF BSCCO
- 4.1 Appointment of Board of Directors and Chairman
- 4.2 Directors
- 4.3 Not used.
- 4.4 Expenses and remuneration
- 4.5 Indemnity
- 4.6 Chief Executive
- 4.7 Proceedings of the Board
- 4.8 General Meetings
- 4.9 Non-Binding Resolutions
- 4.10 Binding Resolutions
- 5. RELATIONSHIP BETWEEN PARTIES AND BSCCO
- 5.1 Liability of BSCCo
- 5.2 Party particularly prejudiced by BSCCo breach
- 5.3 Capacity of BSCCo
- 6. BUSINESS STRATEGY AND ANNUAL BUDGET
- 6.1 Introduction
- 6.2 Scope of Business Strategy and Annual Budget
- 6.3 Business Strategy
- 6.4 Annual Budget
- 6.5 Budget overspend
- 6.6 MHHS Implementation Management First Year Budget
- 7. BSC COMPANIES
- 7.1 General
- 7.2 BSC Clearer
- 7.3 Duties of BSCCo
- 7.4 Constitution, etc
- 7.5 Directors and secretary
- 7.6 BSCCo services
- 8. BSCCO INVOLVEMENT IN BETTA
- 8.1 BETTA Support Work
- 8.2 Further provisions
- 9. PROVISION OF PROFILE ADMINISTRATION SERVICES BY BSCCO
- 9.1 Provision of Profile Administration Services in certain circumstances
- 9.2 BSCCo’s capacity and obligations
- 9.3 Contracts for Profile Administration Services
- 10. Permissible ACTIVITIES UNDERTAKEN BY PERMITTED AFFILIATES
- 10.1 General
- 10.2 Ring-Fencing of Permitted Affiliates
- 11. PROVISION OF SUPPORT TO EMR SETTLEMENT SERVICES PROVIDERS
- 11.1 Provision of Support to EMR Settlement Services Providers
- 11.2 Agreement between BSCCo and EMR Settlement Services Providers
- 12. MARKET-WIDE HALF HOURLY SETTLEMENT IMPLEMENTATION
- 12.1 Introduction
- 12.2 Interpretation
- 12.3 MHHS Governance Framework
- 12.4 BSCCo as MHHS Implementation Manager: General
- 12.5 BSCCo as MHHS Implementation Manager: MHHS SRO
- 12.6 BSCCo as MHHS Implementation Manager: MHHS PMO
- 12.7 BSCCo as MHHS Implementation Manager: MHHS DA
- 12.8 BSCCo MHHS Implementation Manager: MHHS SI
- 12.9 BSCCo as MHHS Implementation Manager: MHHS PPC
- 12.9A MHHS Implementation Manager: Development of Data Integration Platform
- 12.10 MHHS Independent Assurance Provider
- 12.11 MHHS Participants BSCCo
- 12.12 MHHS Participants: General
- 12.13 MHHS Participants: DCC
- 12.14 MHHS Participants: MHHS Affected Code Bodies
- 12.15 MHHS Participants: Party Agent
- 12.16 MHHS Participants: Suppliers
- 12.17 MHHS Performance Assurance
- 12.18 Tendering for the MHHS Implementation Manager Role
- 12.19 MHHS Implementation: Additional Budget Requirements
- 12.20 MHHS Implementation: Sunset Provision
- 13. Capacity Market Advisory Group Administration
- 14. Energy Price Guarantee Scheme
- ANNEX C-1: PERMISSIBLE ACTIVITIES
- 1 Activities performed pursuant to the Energy Act 2013
- 2. Uniform Network Code Gas Performance Assurance Framework Administrator (PAFA) role
- 3. Retail Energy Code (REC) Administrative Services (RECAS) Role
- 4. Other Permitted Activities
- ANNEX C-2: VOTING PROCEDURES FOR BINDING RESOLUTIONS, NON-BINDING RESOLUTIONS AND APPOINTMENT RESOLUTIONS
- 1 GENERAL
- 2. VOTE ALLOCATION MECHANISM
- 3. QUORUM AND CONDUCT OF MEETING
- 4. VOTING
BSC Section C: BSCCo and its Subsidiaries V34.0
Effective From Date:23/09/2022
Status:SUPERSEDED
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