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BR Prd 12/06
18 Oct 2012
18 October 2012 to 18 October 2015

Financial Transmission Rights

Electricity Authority

This product ruling applies to the issue of a financial transmission right (Option FTR) created under subpart 6 of Part 13 of the Electricity Industry Participation Code 2010. The Option FTR is issued as a financial hedge against the volatility in the price of the transmission of electricity across the national grid.