Schedule 9: Independent System Operator and Planner: transfers Part 1 – Transfer schemes Power to amend transfer scheme
The Secretary of State can amend a transfer scheme if they consider that the amendment is appropriate in preparation of the designation of the ISOP, or to enable the ISOP to carry out its functions. The Secretary of State has one year to use this power from the day the relevant transfer scheme takes effect. Compensation may be payable in relation to an amendment to a transfer scheme, and provision is made for determination by an independent valuer if compensation cannot be agreed.