own-generation set definition
own-generation set means any generation set the majority beneficial ownership of which is vested in the Licensee or an affiliate of the Licensee or in respect of which the Licensee or an affiliate of the Licensee is the operator and references to own-generation sets of another Authorised Electricity Operator shall be construed as if the references herein to the Licensee were replaced by references to that Authorised Electricity Operator.
own-generation set means any generation set the majority beneficial ownership of which is vested in the Licensee or an affiliate of the Licensee or in respect of which the Licensee or an affiliate of the Licensee is the operator and references to own–generation sets of another Authorised Electricity Operator shall be construed as if the references herein to the licensee
own-generation set means any generation set the majority of the beneficial ownership of which is vested in the licensee or an affiliate or related undertaking of the licensee (other than by virtue only of the ownership of the licensee or any affiliate or related undertaking of the licensee or the interest of the lessor under a relevant lease) or in respect of which the licensee or an affiliate or related undertaking of the licensee is the operator, and references to own-generation sets of an authorised electricity operator shall be construed as if the references herein to the licensee were replaced by references to that authorised electricity operator;