39.—(1) Section 3A (the principal objective and general duties of the Secretary of State and the Gas and Electricity Markets Authority) is amended as follows.
(2) In subsection (1A)(c)—
(a)for “functions as designated regulatory authority for Great Britain” substitute “ designated regulatory functions ”;
(b)for the words from “objectives” to “Directive” substitute “ designated regulatory objectives ”.
(3) In subsection (5B), at the appropriate place insert—
““the designated regulatory objectives” means the objectives set out in Article 36(c) to (h) of the Electricity Directive but read with the following modifications—
(a)in Article 36(c), for the words from “between” to the end substitute “ , including enabling the development of appropriate cross-border transmission capacities to meet demand; ”,
(b)in Article 36(d), omit “, in line with general energy policy objectives,”,
(c)in Article 36(f), omit “and foster market integration”, and
(d)in Article 36(g), for “their national market” substitute “ the energy market in Great Britain ”;”.
Commencement Information
I1Reg. 39 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(1)