Paragraph 12

(1)

Article 32 is amended as follows.

(2)

In point (c)—

(a)

omit “as set out in Article 12(3)”; and

(b)

for “in accordance with Article 41(6)(a) of Directive 2009/73/EC”, substitute “of the national regulatory authority”.

(3)

In the words after point (c), for “Article 12(3)(b) is applied”, substitute “the reference price is recalculated within the tariff period due to exceptional circumstances under which the non-adjustment of tariff levels would jeopardise the operation of the transmission system operator”.