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)