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SCHEDULEU.K.Modifications of standard conditions of licences granted under the Gas Act 1986 and standard conditions of licences granted under the Electricity Act 1989

PART 3 U.K.Modifications of standard conditions of licences granted under the Electricity Act 1989

Standard conditions of electricity interconnector licencesU.K.

6.—(1) The standard conditions of an electricity interconnector licence are amended as follows.

(2) In condition 1 (definition and interpretations)—

(a)for the definition of “Agency” substitute—

Agency” means the European Union Agency for the Cooperation of Energy Regulators established by Regulation (EU) 2019/942 of the European Parliament and of the Council of 5 June 2019 establishing a European Union Agency for the Cooperation of Energy Regulators (recast);;

(b)for the definition of “Regulation” substitute—

Regulation” means Regulation (EU) 2019/943 of the European Parliament and of the Council of 5 June 2019 on the internal market for electricity (recast);.

(3) In condition 9 (use of revenues)—

(a)in Part B (use of revenues), for “Article 16(6)” substitute “ Article 19(2) and (3) ”;

(b)in Part C (use of revenues statement), in paragraph 5(c), for “Article 16(6)” substitute “ Article 19(2) and (3) ”.

(4) In condition 12 (application of licence conditions 9, 10 and 11: exemption orders)—

(a)in paragraph 2, for “Article 17” substitute “ Article 63 ”;

(b)in paragraph 3, for “Article 17” substitute “ Article 63 ”;

(c)in paragraph 5, for “Article 17” substitute “ Article 63 ”.

(5) In condition 23 (regional cooperation), for “Article 12” substitute “ Article 34 ”.

Commencement Information

I1Sch. para. 6 in force at 25.2.2020, see reg. 1