{"id":2050,"date":"2012-01-09T15:07:59","date_gmt":"2012-01-09T15:07:59","guid":{"rendered":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/?post_type=glossary&#038;p=2050"},"modified":"2024-08-07T15:04:38","modified_gmt":"2024-08-07T14:04:38","slug":"act","status":"publish","type":"glossary","link":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/glossary\/act\/","title":{"rendered":"Act (The Act)"},"content":{"rendered":"<p>The BSC references the Electricity Act 1989 using phrases such as &#x201C;in accordance with the Act&#x201D; or &#x201C;under section 6 of the Act, as modified from time to time in accordance with the Act&#x201D;. It should be noted that there have been further amendments to the original Act.<\/p>\n<h2 id=\"bsc-defined-definition\">BSC defined definition<\/h2>\n<p>Means the Electricity Act 1989<\/p>\n<h2 id=\"further-information\">Further information<\/h2>\n<ul>\n<li><a href=\"http:\/\/www.legislation.gov.uk\/ukpga\/1989\/29\/contents\">Electricity Act 1989<\/a><\/li>\n<li><a href=\"https:\/\/bscdocs.elexon.co.uk\/bsc\/bsc-consolidated\">Balancing and Settlement Code: Consolidated<\/a><\/li>\n<\/ul>\n\n","protected":false},"template":"","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","inline_featured_image":false},"tags":[],"class_list":["post-2050","glossary","type-glossary","status-publish","hentry"],"acf":[],"semantic_search":{"post_id":2050,"title":"Act (The Act)","link":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/glossary\/act\/","categories":[],"tags":[],"content":"\n\n\n<div class=\"panel-content\">\n\t<p>The term &#x201C;The Act&#x201D; refers to the Electricity Act 1989 which initiated the privatisation of the electricity supply industry in Great Britain. The Electricity Act also established a licensing process as well as a regulatory authority now called the Office of Gas and Electricity Markets (OFGEM).<\/p>\n\n\t<p>The BSC references the Electricity Act 1989 using phrases such as &#x201C;in accordance with the Act&#x201D; or &#x201C;under section 6 of the Act, as modified from time to time in accordance with the Act&#x201D;. It should be noted that there have been further amendments to the original Act.<\/p>\n<h2 id=\"bsc-defined-definition\">BSC defined definition<\/h2>\n<p>Means the Electricity Act 1989<\/p>\n<h2 id=\"further-information\">Further information<\/h2>\n<ul>\n<li><a href=\"http:\/\/www.legislation.gov.uk\/ukpga\/1989\/29\/contents\">Electricity Act 1989<\/a><\/li>\n<li><a href=\"https:\/\/bscdocs.elexon.co.uk\/bsc\/bsc-consolidated\">Balancing and Settlement Code: Consolidated<\/a><\/li>\n<\/ul>\n\n<\/div>","s3_url":""},"_links":{"self":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/glossary\/2050","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/glossary"}],"about":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/types\/glossary"}],"version-history":[{"count":2,"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/glossary\/2050\/revisions"}],"predecessor-version":[{"id":210175,"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/glossary\/2050\/revisions\/210175"}],"wp:attachment":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/media?parent=2050"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/tags?post=2050"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}