- Draft legislation
This is a draft item of legislation. This draft has since been made as a UK Statutory Instrument: The Electricity and Gas (Market Integrity and Transparency) (Amendment) (EU Exit) Regulations 2019 No. 534
1.—(1) These Regulations may be cited as the Electricity and Gas (Market Integrity and Transparency) (Amendment) (EU Exit) Regulations 2019.
(2) These Regulations come into force on exit day.
2. In these Regulations—
“REMIT” means Regulation (EU) No 1227/2011 of the European Parliament and of the Council on wholesale energy market integrity and transparency(1);
“the REMIT Implementing Regulation” means Commission Implementing Regulation (EU) No 1348/2014 on data reporting;
“the Transparency Regulation” means Commission Regulation (EU) No 543/2013 on submission and publication of data in electricity markets.
3.—(1) The Electricity and Gas (Market Integrity and Transparency) (Enforcement etc.) Regulations 2013(2) are amended as follows.
(2) In regulation 2 (interpretation), for the definition of “REMIT” substitute—
““REMIT” means—
in relation to anything done before exit day, Regulation (EU) No 1227/2011 of the European Parliament and of the Council on wholesale energy market integrity and transparency, as it applied immediately before exit day;
in relation to anything done on or after exit day, that Regulation as it applies in the law of the United Kingdom on or after exit day;”.
(3) In paragraph 6(1) of Schedule 2 (deemed service), in the third entry in the first column of the table, omit “(other than the United Kingdom)”.
4.—(1) The Electricity and Gas (Market Integrity and Transparency) (Criminal Sanctions) Regulations 2015(3) are amended as follows.
(2) In regulation 2 (definitions), for the definition of “REMIT” substitute—
““REMIT” means—
in relation to anything done before exit day, Regulation (EU) No 1227/2011 of the European Parliament and of the Council on wholesale energy market integrity and transparency, as it applied immediately before exit day;
in relation to anything done on or after exit day, that Regulation as it applies in the law of the United Kingdom on or after exit day;”.
5.—(1) The Electricity and Gas (Market Integrity and Transparency) (Enforcement etc) Regulations (Northern Ireland) 2013(4) are amended as follows.
(2) In regulation 2 (interpretation), for the definition of “REMIT” substitute—
““REMIT” means—
in relation to anything done before exit day, Regulation (EU) No 1227/2011 of the European Parliament and of the Council on wholesale energy market integrity and transparency, as it applied immediately before exit day;
in relation to anything done on or after exit day, that Regulation as it applies in the law of the United Kingdom on or after exit day;”.
(3) In paragraph 6(1) of Schedule 2 (deemed service), in the third entry in the first column of the table, omit “(other than the United Kingdom)”.
6.—(1) REMIT is amended as set out in Schedule 1.
(2) Schedule 1 also contains transitional provisions relating to the amendments to REMIT.
7. The REMIT Implementing Regulation is amended as set out in Schedule 2.
8. The Transparency Regulation is amended as set out in Schedule 3.
Name
Minister of State
Department for Business, Energy and Industrial Strategy
Date
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