51.—(1) Notwithstanding the amendments of sections 10I and 10K of the Electricity Act 1989 made by regulations 49 and 50, if and for so long as the condition in paragraph (2) is satisfied in relation to the person—
(a)the Gas and Electricity Markets Authority is not required to notify the Secretary of State under section 10I(2) about a person from a country outside the United Kingdom who has taken control of a certified person before [F1IP completion day], and
(b)the Secretary of State is not required to prepare a report under section 10K in relation to the certified person.
(2) The condition is that the person was a person from an EEA state at the time of taking control and has continued to be such a person.
Textual Amendments
F1Words in reg. 51(1)(a) substituted (15.9.2020) by The Electricity and Gas etc. (Amendment) (EU Exit) Regulations 2020 (S.I. 2020/1016), regs. 1(2), 3(20)
Commencement Information
I1Reg. 51 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(1)