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Interim Licenses

The Act provides for the issuance of licenses to participants in the Electricity Industry as described in the Act. However, it will be found from time to time to issue Interim Licenses to entities who are, or who will want to become involved in some activity under this industry, while awaiting the issuance of a regular License. Interim Licenses to be issued under such arrangement shall not exceed a term of one year.

The IRC’s challenge is to develop an interim license arrangement while taking into account that the terms and conditions imposed on the licensees needed to reflect the existing and future business arrangements established otherwise.

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