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Commission Regulation (EU) 2017/460Show full title
Commission Regulation (EU) 2017/460 of 16 March 2017 establishing a network code on harmonised transmission tariff structures for gas (Text with EEA relevance)
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Article 13U.K.Level of multipliers and seasonal factors
1.The level of multipliers shall fall within the following ranges:
(a)for quarterly standard capacity products and for monthly standard capacity products, the level of the respective multiplier shall be no less than 1 and no more than [F11.5];
(b)for daily standard capacity products and for within-day standard capacity products, the level of the respective multiplier shall be no less than 1 and no more than 3. In duly justified cases, the level of the respective multipliers may be less than 1, but higher than 0, or higher than 3.
2.Where seasonal factors are applied, the arithmetic mean over the gas year of the product of the multiplier applicable for the respective standard capacity product and the relevant seasonal factors shall be within the same range as for the level of the respective multipliers set out in paragraph 1.
3.By 1 April 2023, the maximum level of multipliers for daily standard capacity products and for within-day standard capacity products shall be no more than [F21.5], if by 1 April 2021 the [F3national regulatory authority] issues a recommendation F4... that the maximum level of multipliers should be reduced to this level. This recommendation shall take into account the following aspects related to the use of multipliers and seasonal factors before and as from 31 May 2019:
(a)changes in booking behaviour;
(b)impact on the transmission services revenue and its recovery;
(c)differences between the level of transmission tariffs applicable for two consecutive tariff periods;
(d)cross-subsidisation between network users having contracted yearly and non-yearly standard capacity products;
(e)impact on cross-border flows.
Textual Amendments
F1Word in Art. 13(1)(a) substituted (31.12.2020) by S.I. 2019/531, Sch. 5 para. 5D(2) (as inserted by The Gas Tariffs Code (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/1393), reg. 1(2), Sch. para. 3); 2020 c. 1, Sch. 5 para. 1(1)
F2Word in Art. 13(3) substituted (31.12.2020) by S.I. 2019/531, Sch. 5 para. 5D(3)(a) (as inserted by The Gas Tariffs Code (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/1393), reg. 1(2), Sch. para. 3); 2020 c. 1, Sch. 5 para. 1(1)
F3Words in Art. 13(3) substituted (31.12.2020) by S.I. 2019/531, Sch. 5 para. 5D(3)(b) (as inserted by The Gas Tariffs Code (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/1393), reg. 1(2), Sch. para. 3); 2020 c. 1, Sch. 5 para. 1(1)
F4Words in Art. 13(3) omitted (31.12.2020) by virtue of S.I. 2019/531, Sch. 5 para. 5D(3)(c) (as inserted by The Gas Tariffs Code (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/1393), reg. 1(2), Sch. para. 3); 2020 c. 1, Sch. 5 para. 1(1)
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