59. In section 47 (general functions of the Gas and Electricity Markets Authority), after subsection (1C) insert—
“(1D) The references in subsection (1C) to the following provisions of the Electricity Directive are to be treated as references to those provisions with the following modifications—
(a)Article 37(1)(q) is to be read as if for “Regulation (EC) No 714/2009” there were substituted “ the Electricity Regulation ”;
(b)Article 37(1)(s) is to be read as if—
(i)the words “Community and third country” were omitted, and
(ii)after “operators” there were inserted “ in the United Kingdom and transmission system operators in countries outside the United Kingdom ”;
(c)Article 37(1)(t) is to be read as if the reference to Article 42 were to Article 42 with the omission of the words from “must cause” to “market and”;
(d)Article 37(3)(f) is to be read as if for “Regulation (EC) No 714/2009” there were substituted “ the Electricity Regulation ”.”.
Commencement Information
I1Reg. 59 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)