Part 7Market reform and consumer protection
Competition
204Mergers of energy network enterprises
1
Schedule 16 makes provision about mergers of energy network enterprises.
2
The Secretary of State must carry out a review of the operation of sections 68A to 68F of, and Schedule 5A to, the Enterprise Act 2002 (inserted by Schedule 16) before the end of the period of 5 years beginning with the day on which paragraph 2 of Schedule 16 to this Act comes into force.
3
The Secretary of State must set out the conclusions of the review in a report.
4
The report must, in particular—
a
set out the objectives of the provisions subject to review,
b
assess the extent to which those objectives have been achieved, and
c
assess whether those objectives remain appropriate and, if so, the extent to which those objectives could be achieved in a way that imposes less regulation.
5
The Secretary of State must lay the report before Parliament.