47.0

<div data-id="section-c-1-1.1">1.1 Introduction</div>

<html><head></head><body><div data-id="section-c-1-1.2">1.2 Role and powers, functions and responsibilities of <u class="defined-term">BSCCo</u></div></body></html>

<div data-id="section-c-1-1.3">1.3 Objectives</div>

<div data-id="section-c-1">1. GENERAL</div>

<html><head></head><body><div data-id="section-c-2-2.1">2.1 Constitution of <u class="defined-term">BSCCo</u></div></body></html>

<html><head></head><body><div data-id="section-c-2-2.2">2.2 Share capital of <u class="defined-term">BSCCo</u></div></body></html>

<div data-id="section-c-2">2. CONSTITUTION OF BSCCO AND SHARE CAPITAL OF BSCCO</div>

<div data-id="section-c-3-3.1">3.1 General</div>

<html><head></head><body><div data-id="section-c-3-3.2">3.2 <u class="defined-term"><u class="defined-term">Panel</u> Secretary</u></div></body></html>

<html><head></head><body><div data-id="section-c-3-3.3">3.3 Enforcement of <u class="defined-term">Code</u></div></body></html>

<html><head></head><body><div data-id="section-c-3-3.4">3.4 Restrictions on powers of <u class="defined-term">BSCCo</u></div></body></html>

<html><head></head><body><div data-id="section-c-3-3.5">3.5 <u class="defined-term">BSCCo</u> resources</div></body></html>

<html><head></head><body><div data-id="section-c-3-3.6">3.6 Provision of information to the <u class="defined-term">Authority</u>, etc</div></body></html>

<html><head></head><body><div data-id="section-c-3-3.7">3.7 Matters relating to the <u class="defined-term">ESO <u class="defined-term">Licence</u></u></div></body></html>

<html><head></head><body><div data-id="section-c-3-3.8">3.8 Reviews of the <u class="defined-term">Code</u></div></body></html>

<html><head></head><body><div data-id="section-c-3-3.9">3.9 Not used3.10 Summary of <u class="defined-term">Code</u></div></body></html>

<div data-id="section-c-3">3. POWERS AND FUNCTIONS OF BSCCO</div>

<html><head></head><body><div data-id="section-c-4-4.1">4.1 Appointment of <u class="defined-term"><u class="defined-term">Board</u></u> of <u class="defined-term">Director</u>s and Chair</div></body></html>

<html><head></head><body><div data-id="section-c-4-4.2">4.2 <u class="defined-term">Director</u>s</div></body></html>

<div data-id="section-c-4-4.3">4.3 Not used.4.4 Expenses and remuneration</div>

<div data-id="section-c-4-4.5">4.5 Indemnity</div>

<html><head></head><body><div data-id="section-c-4-4.6">4.6 <u class="defined-term">Chief Executive</u></div></body></html>

<html><head></head><body><div data-id="section-c-4-4.7">4.7 Proceedings of the <u class="defined-term">Board</u></div></body></html>

<html><head></head><body><div data-id="section-c-4-4.8">4.8 <u class="defined-term">General Meeting</u>s</div></body></html>

<html><head></head><body><div data-id="section-c-4-4.9">4.9 <u class="defined-term">Non-<u class="defined-term">Binding Resolution</u></u>s</div></body></html>

<html><head></head><body><div data-id="section-c-4-4.10">4.10 <u class="defined-term">Binding Resolution</u>s</div></body></html>

<div data-id="section-c-4">4. GOVERNANCE OF BSCCO</div>

<html><head></head><body><div data-id="section-c-5-5.1">5.1 Liability of <u class="defined-term">BSCCo</u></div></body></html>

<html><head></head><body><div data-id="section-c-5-5.2">5.2 <u class="defined-term"><u class="defined-term">Party</u></u> particularly prejudiced by <u class="defined-term">BSCCo</u> breach</div></body></html>

<html><head></head><body><div data-id="section-c-5-5.3">5.3 Capacity of <u class="defined-term">BSCCo</u></div></body></html>

<div data-id="section-c-5">5. RELATIONSHIP BETWEEN PARTIES AND BSCCO</div>

<div data-id="section-c-6-6.1">6.1 Introduction</div>

<html><head></head><body><div data-id="section-c-6-6.2">6.2 Scope of <u class="defined-term">Business Strategy</u> and <u class="defined-term">Annual Budget</u></div></body></html>

<html><head></head><body><div data-id="section-c-6-6.3">6.3 <u class="defined-term">Business Strategy</u></div></body></html>

<html><head></head><body><div data-id="section-c-6-6.4">6.4 <u class="defined-term">Annual Budget</u></div></body></html>

<div data-id="section-c-6-6.5">6.5 Budget overspend</div>

<html><head></head><body><div data-id="section-c-6-6.6">6.6 <u class="defined-term"><u class="defined-term">MHHS Implementation</u> Management</u> First Year Budget</div></body></html>

<html><head></head><body><div data-id="section-c-6-6.7">6.7 <u class="defined-term"><u class="defined-term">Market Facilitator</u> Budget</u></div></body></html>

<div data-id="section-c-6">6. BUSINESS STRATEGY AND ANNUAL BUDGET</div>

<div data-id="section-c-7-7.1">7.1 General</div>

<html><head></head><body><div data-id="section-c-7-7.2">7.2 <u class="defined-term">BSC Clearer</u></div></body></html>

<html><head></head><body><div data-id="section-c-7-7.3">7.3 Duties of <u class="defined-term">BSCCo</u></div></body></html>

<div data-id="section-c-7-7.4">7.4 Constitution, etc</div>

<html><head></head><body><div data-id="section-c-7-7.5">7.5 <u class="defined-term">Director</u>s and secretary</div></body></html>

<html><head></head><body><div data-id="section-c-7-7.6">7.6 <u class="defined-term">BSCCo</u> services</div></body></html>

<div data-id="section-c-7">7. BSC COMPANIES</div>

<html><head></head><body><div data-id="section-c-8-9.1">9.1 Provision of <u class="defined-term"><u class="defined-term"><u class="defined-term">Profile</u></u> Administration Services</u> in certain circumstances</div></body></html>

<html><head></head><body><div data-id="section-c-8-9.2">9.2 <u class="defined-term">BSCCo</u>’s capacity and obligations</div></body></html>

<html><head></head><body><div data-id="section-c-8-9.3">9.3 Contracts for <u class="defined-term"><u class="defined-term"><u class="defined-term">Profile</u></u> Administration Services</u></div></body></html>

<div data-id="section-c-8">8. NOT USED 9. PROVISION OF PROFILE ADMINISTRATION SERVICES BY BSCCO</div>

<div data-id="section-c-10-10.1">10.1 General</div>

<html><head></head><body><div data-id="section-c-10-10.2">10.2 Ring-Fencing of <u class="defined-term">Permitted <u class="defined-term">Affiliate</u></u>s</div></body></html>

<div data-id="section-c-10">10. Permissible ACTIVITIES UNDERTAKEN BY PERMITTED AFFILIATES</div>

<html><head></head><body><div data-id="section-c-11-11.1">11.1 Provision of Support to <u class="defined-term">EMR <u class="defined-term">Settlement</u> Services Provider</u>s</div></body></html>

<html><head></head><body><div data-id="section-c-11-11.2">11.2 Agreement between <u class="defined-term"><u class="defined-term">BSCCo</u></u> and <u class="defined-term">EMR <u class="defined-term">Settlement</u> Services Provider</u>s</div></body></html>

<div data-id="section-c-11">11. PROVISION OF SUPPORT TO EMR SETTLEMENT SERVICES PROVIDERS</div>

<div data-id="section-c-12-12.1">12.1 Introduction</div>

<div data-id="section-c-12-12.2">12.2 Interpretation</div>

<div data-id="section-c-12-12.3">12.3 MHHS Governance Framework</div>

<html><head></head><body><div data-id="section-c-12-12.4">12.4 <u class="defined-term"><u class="defined-term">BSCCo</u></u> as <u class="defined-term"><u class="defined-term"><u class="defined-term">MHHS Implementation</u> Manager</u></u>: General</div></body></html>

<html><head></head><body><div data-id="section-c-12-12.5">12.5 <u class="defined-term"><u class="defined-term">BSCCo</u></u> as <u class="defined-term"><u class="defined-term"><u class="defined-term">MHHS Implementation</u> Manager</u></u>: MHHS SRO</div></body></html>

<html><head></head><body><div data-id="section-c-12-12.6">12.6 <u class="defined-term"><u class="defined-term">BSCCo</u></u> as <u class="defined-term"><u class="defined-term"><u class="defined-term">MHHS Implementation</u> Manager</u></u>: MHHS PMO</div></body></html>

<html><head></head><body><div data-id="section-c-12-12.7">12.7 <u class="defined-term"><u class="defined-term">BSCCo</u></u> as <u class="defined-term"><u class="defined-term"><u class="defined-term">MHHS Implementation</u> Manager</u></u>: MHHS DA</div></body></html>

<html><head></head><body><div data-id="section-c-12-12.8">12.8 <u class="defined-term"><u class="defined-term">BSCCo</u></u> <u class="defined-term"><u class="defined-term"><u class="defined-term">MHHS Implementation</u> Manager</u></u>: MHHS SI</div></body></html>

<html><head></head><body><div data-id="section-c-12-12.9">12.9 <u class="defined-term"><u class="defined-term">BSCCo</u></u> as <u class="defined-term"><u class="defined-term"><u class="defined-term">MHHS Implementation</u> Manager</u></u>: MHHS PPC</div></body></html>

<html><head></head><body><div data-id="section-c-12-12.9A">12.9A <u class="defined-term"><u class="defined-term"><u class="defined-term">MHHS Implementation</u> Manager</u></u>: Development of <u class="defined-term">Data Integration Platform</u></div></body></html>

<div data-id="section-c-12-12.10">12.10 MHHS Independent Assurance Provider</div>

<html><head></head><body><div data-id="section-c-12-12.11">12.11 MHHS Participants <u class="defined-term">BSCCo</u></div></body></html>

<div data-id="section-c-12-12.12">12.12 MHHS Participants: General</div>

<div data-id="section-c-12-12.13">12.13 MHHS Participants: DCC</div>

<html><head></head><body><div data-id="section-c-12-12.14">12.14 MHHS Participants: MHHS Affected <u class="defined-term">Code</u> Bodies</div></body></html>

<html><head></head><body><div data-id="section-c-12-12.15">12.15 MHHS Participants: <u class="defined-term"><u class="defined-term">Party</u> Agent</u></div></body></html>

<html><head></head><body><div data-id="section-c-12-12.16">12.16 MHHS Participants: <u class="defined-term">Supplier</u>s</div></body></html>

<div data-id="section-c-12-12.17">12.17 MHHS Performance Assurance</div>

<html><head></head><body><div data-id="section-c-12-12.18">12.18 Tendering for the <u class="defined-term"><u class="defined-term"><u class="defined-term">MHHS Implementation</u> Manager</u></u> Role</div></body></html>

<html><head></head><body><div data-id="section-c-12-12.19">12.19 <u class="defined-term">MHHS Implementation</u>: Additional Budget Requirements</div></body></html>

<html><head></head><body><div data-id="section-c-12-12.19A">12.19A <u class="defined-term">MHHS Implementation</u>: Data Protection General</div></body></html>

<html><head></head><body><div data-id="section-c-12-12.19B">12.19B <u class="defined-term">MHHS Implementation</u>: Data Controller Obligations</div></body></html>

<html><head></head><body><div data-id="section-c-12-12.19C">12.19C <u class="defined-term">MHHS Implementation</u>: Data Processor Obligations</div></body></html>

<html><head></head><body><div data-id="section-c-12-12.20">12.20 <u class="defined-term">MHHS Implementation</u>: Sunset Provision</div></body></html>

<div data-id="section-c-12">12. MARKET-WIDE HALF HOURLY SETTLEMENT IMPLEMENTATION</div>

<div data-id="section-c-13">13. Capacity Market Advisory Group Administration</div>

<html><head></head><body><div data-id="section-c-14">14. <u class="defined-term">Energy Price Guarantee Scheme</u></div></body></html>

<div data-id="section-c-15">15. Energy Bill Discount Scheme</div>

<div data-id="section-c-16">16. Electricity Support Payment Scheme</div>

<html><head></head><body><div data-id="section-c-17">17. <u class="defined-term"><u class="defined-term">Market Facilitator</u> Arrangements</u></div></body></html>

<html><head></head><body><div data-id="section-c-18">18. Smart Secure Electricity <u class="defined-term">System</u>s (SSES) Arrangements</div></body></html>

<div data-id="annex-c-1-1">1 Activities performed pursuant to the Energy Act 2013</div>

<html><head></head><body><div data-id="annex-c-1-2">2. <u class="defined-term">Uniform Network <u class="defined-term">Code</u></u> Gas Performance Assurance Framework Administrator (PAFA) role</div></body></html>

<html><head></head><body><div data-id="annex-c-1-3">3. <u class="defined-term">Retail Energy <u class="defined-term">Code</u></u> (REC) Administrative Services (RECAS) Role</div></body></html>

<html><head></head><body><div data-id="annex-c-1-4">4. Other <u class="defined-term">Permitted Activities</u></div></body></html>

<div data-id="annex-c-1">ANNEX C-1: PERMISSIBLE ACTIVITIES</div>

<div data-id="annex-c-2-1">1 GENERAL</div>

<div data-id="annex-c-2-2">2. VOTE ALLOCATION MECHANISM</div>

<div data-id="annex-c-2-3">3. QUORUM AND CONDUCT OF MEETING</div>

<div data-id="annex-c-2-4">4. VOTING</div>

<div data-id="annex-c-2">ANNEX C-2: VOTING PROCEDURES FOR BINDING RESOLUTIONS, NON-BINDING RESOLUTIONS AND APPOINTMENT RESOLUTIONS</div>

<html><head></head><body><div data-id="annex-c-3-1">1. <u class="defined-term">BSCCo</u>1.1 Introduction</div></body></html>

<div data-id="annex-c-3-1.2">1.2 Shareholding</div>

<div data-id="annex-c-3-1.3">1.3 New Shareholders</div>

<div data-id="annex-c-3-1.4">1.4 Transfers, revocations and returns of Shares</div>

<div data-id="annex-c-3-1.5">1.5 Further undertakings of Shareholders</div>

<div data-id="annex-c-3-1.6">1.6 No obligation to finance</div>

<html><head></head><body><div data-id="annex-c-3-1.7">1.7 Winding-up of <u class="defined-term">BSCCo</u></div></body></html>

<html><head></head><body><div data-id="annex-c-3-1.8">1.8 <u class="defined-term">Legal Requirement</u>s relating to Shareholders</div></body></html>

<div data-id="annex-c-3-1.9">1.9 Taxation and other payments</div>

<div data-id="annex-c-3-1.10">1.10 Conflict with Articles</div>

<div data-id="annex-c-3-1.11">1.11 Further Assurance</div>

<div data-id="annex-c-3-1.12">1.12 Expenses</div>

<div data-id="annex-c-3">ANNEX C-3: BSCCO GOVERNANCE</div>

<div data-id="amendment-record--section-c">AMENDMENT RECORD – SECTION C</div>

<div data-id="section-c">SECTION C: BSCCO AND ITS SUBSIDIARIES</div>

CONTENTS

BSC Section C: BSCCo and its Subsidiaries V47.0

Defined Terms

Cross-references