PART 2Amendments to retained direct EU legislation

CHAPTER 3Amendment of REMIT

Amendment of Article 8I118

1

Article 8 (data collection) is amended as follows.

2

In paragraph 1, for “the Agency” substitute “ the national regulatory authority ”.

3

In paragraph 2—

a

in the first subparagraph, for “The Commission shall, by means of implementing acts”, substitute “ A national authority may, by regulations ”;

b

in the second subparagraph—

i

omit the first sentence; and

ii

in the second sentence, for “They” substitute “ Regulations under this paragraph ”.

4

In paragraph 3, in the second subparagraph—

a

for “the implementing acts referred to in”, substitute “ regulations under ”; and

b

for “the Agency” substitute “ the national regulatory authority ”.

5

In paragraph 5, for “the Agency and national regulatory authorities”, substitute “ the national regulatory authority ”.

6

In paragraph 6—

a

in the first subparagraph, for “The Commission shall, by means of implementing acts”, substitute “ A national authority may, by regulations ”;

b

in the second subparagraph—

i

omit the first sentence; and

F1ii

for the second sentence substitute “Regulations under this paragraph shall take account of existing reporting obligations under the Gas Regulation and Electricity Regulation.”

7

After paragraph 6 insert—

7

The powers to make regulations under paragraphs 2 and 6 include power to amend or replace any provision of an implementing act which—

a

was made by the Commission under those paragraphs as they applied before F2IP completion day; and

b

is retained direct EU legislation.