Part I

New regulatory arrangements

Gas and Electricity Markets Authority.
1
1
There shall be a body corporate to be known as the Gas and Electricity Markets Authority (in this Act referred to as “the Authority”) for the purpose of carrying out—
a
functions transferred to the Authority from the Director General of Gas Supply and the Director General of Electricity Supply; and
b
the other functions of the Authority under this Act.
2
The functions of the Authority are performed on behalf of the Crown.
3
The offices of Director General of Gas Supply and Director General of Electricity Supply are abolished.
4
Schedule 1 has effect with respect to the Authority.
S. 1 wholly in force at 1.10.2001; s. 1 not in force at Royal Assent see s. 110(2); s. 1(1)(2)(4) in force at 1.11.2000 by S.I. 2000/2917, art. 2; s. 1(3) in force at 1.10.2001 by S.I. 2001/3266, art. 2, Sch. (subject to transitional provisions in arts. 3-20)