P500 Report Phase Consultation: Enduring Market Facilitator Budget and Funding Arrangements

This Modification seeks to amend the BSC to embed enduring funding and governance arrangements for the market facilitator directly into Sections C, D and X-1. This approach aligns the Market Facilitator Budget with existing BSC budget-setting cycles and processes, introduces a clear appeals mechanism, and ensures the associated costs are treated consistently with other BSC expenditure. These changes will enable the market facilitator to operate transparently and efficiently, while also providing certainty to industry parties regarding financial oversight and accountability.