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PART 2Electricity Market Reform

CHAPTER 9Miscellaneous

66Review of certain provisions of Part 2

(1)As soon as reasonably practicable after the end of the period of 5 years beginning with the day on which this Act is passed, the Secretary of State must carry out a review of the provisions of the following Chapters of this Part—

(a)Chapter 2 (contracts for difference);

(b)Chapter 3 (capacity market);

(c)Chapter 5 (conflicts of interest and contingency arrangements);

(d)Chapter 6 (access to markets);

(e)Chapter 7 (the renewables obligation: transitional arrangements);

(f)Chapter 8 (emissions performance standard).

(2)The Secretary of State must set out the conclusions of the review in a report.

(3)The report must, in particular—

(a)set out the objectives of the provisions of each Chapter subject to review,

(b)assess the extent to which those objectives have been achieved, and

(c)assess whether those objectives remain appropriate and, if so, the extent to which those objectives could be achieved in a way that imposes less regulation.

(4)The Secretary of State must lay the report before Parliament.