BSC Section C – BSCCo and its Subsidiaries

Section C contains the rules covering the constitution and governance of the BSC Company (BSCCo, ELEXON). It sets out: how BSCCo is constituted; the obligations of the National Electricity Transmission System Operator (NETSO) as the BSC Shareholder; BSCCo’s powers, functions and responsibilities; how BSCCo is managed (including appointment of its Board); the relationship between BSCCo and Parties; how BSCCo’s Business Strategy and Annual Budget are established; and provisions relating to BSCCo Subsidiaries.