Energy Act 2010 (c. 27)

Part 3 E+W+S Regulation of gas and electricity markets

Time limit for imposition of financial penalties by the Gas and Electricity Markets Authority E+W+S

24 Time limit for the imposition of financial penalties E+W+S

(1) In section 30C(1) of the Gas Act 1986 (time limit on imposition of a penalty for contravention of a relevant condition or requirement or for failure to achieve a performance standard), for “12 months” substitute “ five years ”.

(2) In section 27C(1) of the Electricity Act 1989 (time limit on imposition of a penalty for contravention of a relevant condition or requirement or for failure to achieve a performance standard), for “12 months” substitute “ five years ”.

(3) The amendments made by this section do not apply in relation to any contravention or failure occurring before the day on which this section comes into force.