Hi Daniel,
Stefan is correct, usually this is not a problem. Maybe I am too careful, but based on experience, I would always suggest the following advice:-
1) Switch off and unplug ALL Masterlink devices first.
2) Unplug the section of ML cable that you wish to cut from the network at both ends if possible.
3) Cut the cable and then strip back around 80mm of insulation and spread the individual wires out, also removing the foil screens and spreading the cores inside them. This ensures that the wires do not touch at the cut ends, causing faults on your other equipment.
4) Ideally, fit a junction box immediately, otherwise tape over the wires ends to keep them separate and protect the bare ends from water, damage, etc.
5) Plug in the other ML devices and then switch them on and test one at a time to ensure they all work correctly.
This process minimises the risk of ML faults, which can be very tricky to track down! 
Best regards,
Steve.
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