In this Part, "relevant electricity project" means a project—
that relates to the total system, an electricity interconnector or a multi-purpose interconnector, and
in relation to which criteria specified in regulations made by the Secretary of State are satisfied.
In subsection (1)(a), "the total system" means all transmission systems and distribution systems in Great Britain and offshore waters.
In this Part, "relevant licence" means—
a transmission licence ...;
a generation licence, a distribution licence, an interconnector licence or an MPI licence.
In this Part, "relevant contract" means a contract, entered into by a person with the holder of a transmission licence, an electricity system operator licence or a distribution licence (referred to in this Part as a "contract counterparty"), for the carrying out of a relevant electricity project.
Regulations under this section may make different provision for different purposes.
Before making regulations under this section, the Secretary of State must consult—
the Authority,
such holders of relevant licences as the Secretary of State considers appropriate, and
such other persons as the Secretary of State considers appropriate.