If a REC
Party or a Non-Party
REC Service User wishes to withdraw from the REC they must
notify the Code
Manager of their intention to withdraw and provide an intended
withdrawal date at least 28 calendar days from the date of the notice.
In order to withdraw the Code Manager will check to make sure the
exit requirements are met which include
- Any outstanding REC charges being settled
- The REC
Party not being required by a Licence to be a REC Party; and
- The REC Party not being associated with any Registerable
Metering Points (RMP).
Providing these requirements are met the formal withdrawal will
take place on the notified withdrawal date. At this point, the REC
Party or Non-Party REC Service User will no longer meet qualified
status and the Qualified Party Register held on the Portal will
be updated to reflect this.
The process for exit from the REC is outlined in REC Schedule
19 - Market Exit.