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Part 3 U.K.Energy Regulation

Chapter 4E+W+SFurther provisions about regulation

Best practiceE+W+S

178Duty to have regard to best regulatory practiceE+W+S

In each of section 4AA of the Gas Act 1986 (c. 44) and section 3A of the 1989 Act (principal objective and general duties), after subsection (5) insert—

(5A)In carrying out their respective functions under this Part in accordance with the preceding provisions of this section the Secretary of State and the Authority must each have regard to—

(a)the principles under which regulatory activities should be transparent, accountable, proportionate, consistent and targeted only at cases in which action is needed; and

(b)any other principles appearing to him or, as the case may be, it to represent the best regulatory practice.

Modifications etc. (not altering text)

C1Ss. 171-196 power to apply (with modifications) conferred (26.10.2023) by Energy Act 2023 (c. 52), s. 334(2)(l), Sch. 18 para. 50

Commencement Information

I1S. 178 in force at 5.10.2004 by S.I. 2004/2575, art. 2(1), Sch. 1