Regulation 4 Amendment of the Electricity and Gas (Market Integrity and Transparency) (Criminal Sanctions) Regulations 2015

The Electricity and Gas (Market Integrity and Transparency) (Criminal Sanctions) Regulations 2015^f1 are amended as follows.

In regulation 2 (definitions), for the definition of “REMIT” substitute—

• ““REMIT” means—

  1. (a)

     in relation to anything done before exit day, Regulation (EU) No 1227/2011 of the European Parliament and of the Council on wholesale energy market integrity and transparency, as it applied immediately before exit day;

  2. (b)

     in relation to anything done on or after exit day, that Regulation as it applies in the law of the United Kingdom on or after exit day;”.