(1)Before the first exercise by the Secretary of State of the power to make capacity market rules, the Secretary of State must lay a draft of the rules before Parliament.
(2)If, within the 40-day period, either House of Parliament resolves not to approve the draft, the Secretary of State may not take any further steps in relation to the proposed rules.
(3)If no such resolution is made within that period, the Secretary of State may make the rules in the form of the draft.
(4)Subsection (3) does not prevent a new draft of proposed capacity market rules being laid before Parliament.
(5)In this section “40-day period”, in relation to a draft of proposed capacity market rules, means the period of 40 days beginning with the day on which the draft is laid before Parliament (or, if it is not laid before each House of Parliament on the same day, the later of the 2 days on which it is laid).
(6)For the purposes of calculating the 40-day period, no account is to be taken of any period during which Parliament is dissolved or prorogued or during which both Houses are adjourned for more than 4 days.
(7)Before any exercise by the Secretary of State of a power to make capacity market rules, the Secretary of State must consult—
(a)the Authority;
(b)any person who is a holder of a licence to supply electricity under section 6(1)(d) of EA 1989;
(c)any person who is a capacity provider;
(d)such other persons as the Secretary of State considers it appropriate to consult.
(8)Subsection (7) may be satisfied by consultation before, as well as consultation after, the passing of this Act.
(9)In relation to any exercise by the Secretary of State or the Authority of a power to make capacity market rules, the person making the rules must, as soon as reasonably practicable after they are made, lay them before Parliament and publish them.