The Trading Policy
must comply with the following principles:
(a) A
User must be permitted to transfer or assign all or part of its Contracted
Capacity without the consent of the Service Provider concerned if:
(i)
the User’s obligations under the contract with the
Service Provider remain in full force and effect after the transfer or
assignment; and
(ii)
the terms of the contract with the Service Provider are
not altered as a result of the transfer or assignment (a Bare Transfer).
In these circumstances
the Trading Policy may require that the transferee notify the Service Provider
prior to utilising the portion of the Contracted Capacity subject to the Bare
Transfer and of the nature of the Contracted Capacity subject to the Bare
Transfer, but the Trading Policy must not require any other details regarding
the transaction to be provided to the Service Provider.
(b)
Where commercially and technically reasonable, a User must be permitted to
transfer or assign all or part of its Contracted Capacity other than by way of
a Bare Transfer with the prior consent of the Service Provider. The Service
Provider may withhold its consent only on reasonable commercial or technical
grounds and may make its consent subject to conditions only if they are
reasonable on commercial and technical grounds. The Trading Policy may specify
conditions in advance under which consent will or will not be given and
conditions that must be adhered to as a condition of consent being given.
(c)
Where commercially and technically reasonable, a User must be permitted to
change the Delivery Point or Receipt Point from that specified in any contract
for the relevant Service with the prior written consent of the Service
Provider. The Service Provider may withhold its consent only on reasonable
commercial or technical grounds and may make its consent subject to conditions
only if they are reasonable on commercial and technical grounds. The Trading
Policy may specify conditions in advance under which consent will or will not
be given and conditions that must be adhered to as a condition of consent
being given.