Energy Act 2023

Enterprise Act 2002U.K.

This section has no associated Explanatory Notes

8(1)Section 168 (regulated markets) is amended as follows.

(2)In subsection (3) (meaning of “relevant action”)—

(a)omit “or” at the end of paragraph (p);

(b)after paragraph (q) insert ; or

(r)modifying the conditions of a licence granted under section 7 of the Energy Act 2023.

(3)In subsection (4) (meaning of “relevant statutory functions”)—

(a)omit “and” at the end of paragraph (r);

(b)after paragraph (s) insert , and

(t)in relation to a licence granted under section 7 of the Energy Act 2023, the objectives and duties of the Gas and Electricity Markets Authority under section 1 of that Act.

(4)In subsection (6)—

(a)for “or section 6” substitute “, section 6”;

(b)before “would” insert “or section 7 of the Energy Act 2023”.

Commencement Information

I1Sch. 5 para. 8 in force at 26.12.2023, see s. 334(3)(a)