Part 3

Energy Regulation
Chapter 4

Further provisions about regulation

Best practice

Duty to have regard to best regulatory practice
178
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.
S. 178 in force at 5.10.2004 by S.I. 2004/2575, art. 2(1), Sch. 1
Ss. 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