Glossary Term: Metering Point
means the point, determined according to the principles and guidance given at schedule 8 of the Master Registration Agreement, at which a supply to (Export) or from (Import) a Distribution System: (i) is or is intended to be measured; or (ii) where Metering Equipment has been removed, was or was intended to be measured; or (iii) in the case of an Unmetered Supply, is deemed to be measured, where in each case such measurement is for the purposes of ascertaining the Supplier’s Settlement liabilities under The Code;