Water code modification appeal 2025 (Castle Water)
皇冠体育app Competition and Markets Authority (CMA) has published its determination and order in the appeal by Castle Water Limited against Ofwat鈥檚 decision to reject Castle Water鈥檚 request for a change to the Wholesale Retail Code, which was published on 5 February 2025.
Administrative timetable
| Date | Action |
|---|---|
| 19 May 2025 | Statutory deadline for CMA decision |
| 13 May 2025 | Determination and order issued to parties by the CMA, and non-sensitive versions published |
| 26 March 2025 | Deadline for applications to intervene |
| 19 March 2025 | Deadline for Ofwat to reply to the appeal |
| 12 March 2025 | Permission to appeal granted by the CMA |
| 3 March 2025 | Ofwat acknowledged receipt of the notice of appeal and provided submissions on whether the CMA should refuse permission to appeal |
| 26 February 2025 | Permission to appeal sought by Castle Water |
CMA determination
13 May 2025: 皇冠体育app CMA issued to the parties its determination and order in relation to Castle Water鈥檚 appeal against Ofwat鈥檚 rejection of Castle Water鈥檚 proposal to modify the wholesale retail code.
Non-sensitive versions of the determination and order are published below.
- (13.5.25)
- (13.5.25)
Notice of extension
1 May 2025: 皇冠体育app CMA has decided to extend the period for the determination of the appeal by 10 working days, to 19 May 2025.
- (1.5.25)
Response to the Notice of Appeal
24 March 2025: On 19 March 2025 the CMA received a response from Ofwat to Castle Water鈥檚 Notice of Appeal.
- (24.3.25)
Permission to appeal granted
12 March 2025: 皇冠体育app CMA has granted Castle Water permission to appeal.
- (13.3.25)
Appeal group appointed
13 March 2025: 皇冠体育app CMA has appointed a group of panel members to determine the appeal.
Notice of appeal
26 February 2025: Castle Water Limited (Castle Water) applied for permission to appeal Ofwat鈥檚 decision of 5 February 2025 to reject Castle Water鈥檚 request for a change to the Wholesale Retail Code. Castle Water proposed to amend section 9.11 of the Wholesale Retail Code to relieve retailers of the obligation to provide credit support to a wholesaler where, and for so long as, that wholesaler does not have a stable credit rating of BBB/Baa2 or higher.
皇冠体育app administrative timetable for the CMA鈥檚 decision whether to grant permission to appeal can be found above. If permission to appeal is granted, the CMA has 30 working days following the date it receives the Ofwat鈥檚 reply, to determine the appeal. This deadline can be further extended by 10 working days where there are good reasons for doing so.
This appeal process relates to arrangements between water wholesalers and retailers who in turn supply the business retail market. It is not part of the PR24 process relating to the CMA鈥檚 redetermination of Ofwat鈥檚 price control decision.
- (4.3.25)
Contact
Updates to this page
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Determination and order published
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Notice of extension published.
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Ofwat鈥檚 response to the Notice of Appeal published.
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Decision on permission to appeal published.
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First published.