Section C covers the constitution of Elexon and the obligations of the shareholder of Elexon; the powers, functions and responsibilities of Elexon; the management of Elexon; the relationship between Elexon and Parties; the Business Strategy and Annual Budget for Elexon; and Subsidiaries of Elexon.

46.0

<div data-id="role-and-powers-functions-and-responsibilities-of-bscco" style="text-align:left">Role and powers, functions and responsibilities of <u class='defined-term'>BSCCo</u></div>

<div data-id="constitution-of-elexon-and-share-capital-of-elexon" style="text-align:left">Constitution of Elexon and share capital of Elexon</div>

<div data-id="powers-and-functions-of-elexon" style="text-align:left">Powers and Functions of Elexon</div>

<div data-id="management-of-elexon" style="text-align:left">Management of Elexon</div>

<div data-id="relationship-between-parties-and-elexon" style="text-align:left">Relationship Between Parties and Elexon</div>

<div data-id="business-strategy-and-annual-budget" style="text-align:left"><u class='defined-term'>Business Strategy</u> and <u class='defined-term'>Annual Budget</u></div>

<div data-id="bsc-companies" style="text-align:left">BSC Companies</div>

<div data-id="provision-of-the-profile-administration-service-by-elexon" style="text-align:left">Provision of the <u class='defined-term'>Profile</u> Administration Service by Elexon</div>

<div data-id="permissible-activities-undertaken-by-permitted-affiliates" style="text-align:left">Permissible Activities Undertaken by <u class='defined-term'>Permitted Affiliate</u>s</div>

<html><head></head><body><div data-id="provision-of-support-to-emr-settlement-services-providers" style="text-align:left">Provision of Support to <u class="defined-term">EMR <u class="defined-term">Settlement</u> Services Provider</u>s</div></body></html>

<div data-id="appointment-of-service-providers" style="margin-left:0.47in;text-align:left;text-indent:-0.47in">Appointment of service providers</div>

<div data-id="removal-of-elexon-from-im-role" style="margin-left:0.47in;text-align:left;text-indent:-0.47in">Removal of Elexon from IM role</div>

<div data-id="programme-manager-obligations" style="margin-left:0.47in;text-align:left;text-indent:-0.47in">Programme Manager Obligations</div>

<div data-id="escalation" style="margin-left:0.47in;text-align:left;text-indent:-0.47in">Escalation</div>

<div data-id="separation-requirements" style="margin-left:0.47in;text-align:left;text-indent:-0.47in">Separation Requirements</div>

<div data-id="obligations-of-elexon-as-mhhs-participant" style="margin-left:0.47in;text-align:left;text-indent:-0.47in">Obligations of Elexon as MHHS Participant</div>

<div data-id="relationship-with-mhhs-independent-assurance-provider-ipa" style="margin-left:0.47in;text-align:left;text-indent:-0.47in">Relationship with MHHS Independent Assurance Provider (IPA)</div>

<div data-id="obligations-of-other-mhhs-participants" style="margin-left:0.47in;text-align:left;text-indent:-0.47in">Obligations of other MHHS Participants</div>

<div data-id="funding" style="margin-left:0.47in;text-align:left;text-indent:-0.47in">Funding</div>

<div data-id="mhhs-implementation" style="text-align:left"><u class='defined-term'>MHHS Implementation</u></div>

<div data-id="introduction" style="text-align:left">Introduction</div>

<div data-id="need-more-information" style="text-align:left">Need more information?</div>

CONTENTS

Section C: Elexon and its Subsidiaries V46.0

Defined Terms

Cross-references