Part 2: Carbon dioxide capture, storage etc and hydrogen production, transport and storage Chapter 1: Revenue Support Contracts Section 61: Designation of hydrogen transport counterparty
This section makes provision for the Secretary of State to designate a person by notice, with the consent of that person, to be a counterparty to hydrogen transport revenue support contracts. A hydrogen transport counterparty will enter into and manage contracts with eligible hydrogen transport providers.
	Subsection (5) provides that more than one hydrogen transport counterparty may be designated at one time.
	Subsection (6) deals with continuity of hydrogen transport counterparties. If the designation of a hydrogen transport counterparty were to lapse, the Secretary of State must, as soon as reasonably practicable, make a transfer scheme under section 86, transferring contracts to a new hydrogen transport counterparty. This is designed to ensure that where a hydrogen transport counterparty ceases to be designated, the contracts are transferred to a new hydrogen transport counterparty.
	Subsection (7) defines "hydrogen transport provider". Subsection (8) and subsection (9) provide further clarification on this definition, including territorial scope and transporting of compounds.