Review and termination

Review of competition for domestic supply contracts
7
1
The Authority must carry out a review into whether conditions are in place for effective competition for domestic supply contracts.
2
Such a review must, among other things, consider the extent to which progress has been made in installing smart meters for use by domestic customers.
3
Such a review must be carried out—
a
in the year 2020,
b
if the tariff cap conditions are extended to have effect for the year 2021, in that year, and
c
if the tariff cap conditions are further extended to have effect for the year 2022, in that year.
4
As soon as practicable after carrying out the review, and in any event on or before 31 August in the year in question, the Authority must—
a
produce a report on the outcome, which must include a recommendation as to whether or not the Authority considers that the tariff cap conditions should be extended to have effect for the following year, and
b
publish the report and send a copy to the Secretary of State.
5
After considering the report the Secretary of State must publish a statement setting out whether the Secretary of State considers that conditions are in place for effective competition for domestic supply contracts.
6
The statement must be published on or before 31 October in the year in question.