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Regulation 8 Gas Act 1986

Original text. Later amendments are not shown.

(1)

Section 4AA (the principal objective and general duties of the Secretary of State and the Gas and Electricity Markets Authority) is amended as follows.

(2)

In subsection (1A)(c)—

(a)

for “functions as designated regulatory authority for Great Britain” substitute “designated regulatory functions”;

(b)

for the words from “objectives” to “Directive” substitute “designated regulatory objectives”.

(3)

In subsection (5B), at the appropriate place insert—

  • ““the designated regulatory objectives” means the objectives set out in Article 40(c) to (h) of the Gas Directive but read with the following modifications—

    1. (a)

      in Article 40(c), for the words from “between” to the end substitute “, including enabling the development of appropriate cross-border transmission capacities to meet demand;”,

    2. (b)

      in Article 40(d), omit “, in line with general energy policy objectives,”,

    3. (c)

      in Article 40(f), omit “and foster market integration”, and

    4. (d)

      in Article 40(g), for “their national market” substitute “the energy market in Great Britain”;”.