Section 6 Review of level at which cap is set

(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.

F1(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.

F2(2)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Annotations

F1: 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)
F2: 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)