http://www.legislation.gov.uk/eur/2017/460/article/13Commission Regulation (EU) 2017/460 of 16 March 2017 establishing a network code on harmonised transmission tariff structures for gas (Text with EEA relevance)Commission Regulation (EU) 2017/460Commission Regulation (EU) 2017/460 of 16 March 2017 establishing a network code on harmonised transmission tariff structures for gas (Text with EEA relevance)King's Printer of Acts of Parliamenthttps://webarchive.nationalarchives.gov.uk/eu-exit/https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32017R0460texttext/xmlen2025-01-08Expert Participation2020-12-31 CHAPTER III <Strong>RESERVE PRICES</Strong> Level of multipliers and seasonal factorsArticle 131The level of multipliers shall fall within the following ranges:afor 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 1.5;bfor 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 3.2Where 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 1.3By 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 1.5, if by 1 April 2021 the national regulatory authority issues a recommendation ... 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:achanges in booking behaviour;bimpact on the transmission services revenue and its recovery;cdifferences between the level of transmission tariffs applicable for two consecutive tariff periods;dcross-subsidisation between network users having contracted yearly and non-yearly standard capacity products;eimpact on cross-border flows.Word 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)Word 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)Words 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)Words 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)