Office for the Regulation of Electricity and Gas

NOTICE UNDER ARTICLE 14(2) OF THE ELECTRICITY (NORTHERN IRELAND) ORDER 1992

In pursuance of his powers under Article 14(1) of the Electricity (Northern Ireland) Order 1992 (hereafter referred to as the “Order”), the Director General of Electricity Supply for Northern Ireland, having obtained the consent of the licensee in question, hereby gives notice as follows:

1.	He proposes to make modifications to the Conditions applicable to each of the Transmission Licence and the Public Electricity Supply Licence granted, to Northern Ireland Electricity plc under Article 10(1) of the Order. The modifications applicable to each of the Transmission Licence and the Public Electricity Supply Licence are to Condition 2 Part II (Interpretation and construction). The modifications applicable to the Transmission Licence are to Schedule 4 (Transmission and Distribution Charge Restriction Conditions). In addition, a new Condition, Condition 19A (Licensee to Recover Collection Agency Income Requirement and to enter into Operation Agency Agreement), shall be added immediately after Condition 19 Part III (Basis of charges for use of interconnectors).
2.	The purpose of the licence modifications is to facilitate the refinancing of the Moyle Interconnector (being the 500MW capacity interconnector between the electricity grids of Northern Ireland and Scotland) by way of an issue of bonds and the transfer of the entire issued share capital of Moyle to a new company which will be wholly owned by a company limited by guarantee with no shareholders.
3.	A copy of the proposed modifications can be viewed during office hours (9.00 am - 5.00 pm) and, if required, can be obtained (free of charge) from the Office for the Regulation of Electricity and Gas, Brookmount Buildings, 42 Fountain Street, Belfast BT1 5EE (Telephone: 02890-311575; Fax: 02890-311740).
4.	The purpose of this notice is to bring to your attention the proposed modifications referred to above and to invite you to make any representations or raise any objections you may have to those proposed modifications. Any such representations or objections to the proposed modifications should be made on or before 9th March, 2003 to the Office for the Regulation of Electricity and Gas, Brookmount Buildings, 42 Fountain Street, Belfast BT1 5EE (Telephone: 02890-311575; Fax: 02890­-311740).
5.	Pursuant to Article 14(3) of the Order, the Director has served a copy of this notice on NIE, and pursuant to Article 14(4) of the Order, the Director has sent a copy of this notice to the Department of Enterprise, Trade and Investment.

Dated this 10th day of February, 2003.

Douglas McIldoon, Director General of Electricity Supply for Northern Ireland.