sec.325Transitional provision for non-liable loads

### sec.325 Transitional provision for non-liable loads This section applies if— immediately before the FRC day, a customer was, under former section 49A, taken to have entered into a contract (the old contract ) for the provision of customer retail services for premises; and under either of the following, the old contract is taken to have ended and the customer is taken to have entered into a standard large customer retail contract (the new contract ) for the provision of the services to the premises on the FRC day— the Energy Assets (Restructuring and Disposal) Act 2006 , section 44 (the EARD section ); new section 315. An electricity load sold under the new contract is taken to be a non-liable load for— if the new contract is with the same retail entity under the old contract—3 months from the day the old contract was, under former section 49A, taken to have been entered into; or if the new contract is with a different retail entity to the retail entity under the old contract—3 months from the FRC day. s 325 ins 2006 No. 60 s 51 (sec.325-ssec.1) This section applies if— immediately before the FRC day, a customer was, under former section 49A, taken to have entered into a contract (the old contract ) for the provision of customer retail services for premises; and under either of the following, the old contract is taken to have ended and the customer is taken to have entered into a standard large customer retail contract (the new contract ) for the provision of the services to the premises on the FRC day— the Energy Assets (Restructuring and Disposal) Act 2006 , section 44 (the EARD section ); new section 315. (sec.325-ssec.2) An electricity load sold under the new contract is taken to be a non-liable load for— if the new contract is with the same retail entity under the old contract—3 months from the day the old contract was, under former section 49A, taken to have been entered into; or if the new contract is with a different retail entity to the retail entity under the old contract—3 months from the FRC day. - (a) immediately before the FRC day, a customer was, under former section 49A, taken to have entered into a contract (the old contract ) for the provision of customer retail services for premises; and - (b) under either of the following, the old contract is taken to have ended and the customer is taken to have entered into a standard large customer retail contract (the new contract ) for the provision of the services to the premises on the FRC day— (i) the Energy Assets (Restructuring and Disposal) Act 2006 , section 44 (the EARD section ); (ii) new section 315. - (i) the Energy Assets (Restructuring and Disposal) Act 2006 , section 44 (the EARD section ); - (ii) new section 315. - (i) the Energy Assets (Restructuring and Disposal) Act 2006 , section 44 (the EARD section ); - (ii) new section 315. - (a) if the new contract is with the same retail entity under the old contract—3 months from the day the old contract was, under former section 49A, taken to have been entered into; or - (b) if the new contract is with a different retail entity to the retail entity under the old contract—3 months from the FRC day.