Review and termination

Review of level at which cap is set
6
1
The Authority must, at least once every 6 months while tariff cap conditions have effect, review the level at which the cap is set.
1A
As soon as practicable after carrying out a review under subsection (1), the Authority must—
a
produce a statement stating whether, in consequence of the review, the Authority proposes to change the level at which the cap is set, and
b
send a copy of the statement to the Secretary of State.
1B
The Authority must publish a statement under subsection (1A) as soon as practicable after complying with that subsection.
2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
S. 6(1A)(1B) inserted (25.10.2022) by Energy Prices Act 2022 (c. 44), s. 30(6), Sch. 3 para. 4(2) (with s. 29)
S. 6(2) omitted (25.10.2022) by virtue of Energy Prices Act 2022 (c. 44), s. 30(6), Sch. 3 para. 4(3) (with s. 29)