If approached, should VOs accept a role in the planning of new markets?
A. VOs should make it plain that they are unable to approve plans for new markets. Advice can be offered which the market operator may or may not wish to accept but the caveat that only the courts can interpret law must be stressed. VOs must be careful that they are not put in a position where they are held responsible if an aspect of the market does not work or meet licence conditions.
