For Article 50(3B) substitute—

“(3B)

The activities to which paragraph (1) applies include, in particular, the matters specified in the following provisions of the Directive as matters to be monitored—

(a)

Article 35(3);

(b)

Article 59(1)(k), (l), (n), (p), (q), and (u) to (w);

(c)

Article 59(1)(o) except insofar as it relates to the monitoring of —

(i)

the impact of dynamic electricity price contracts and of the use of smart metering systems; and

(ii)

the relationship between household and wholesale prices, the evolution of grid tariffs and levies;

(d)

where an independent system operator has been designated under Article 10H of this Order, Article 59(5)(a), (b) and (f); and

(e)

Article 62(1)(g).

(3C)

The Authority must, every two years, publish a report in relation to the matters specified in Article 59(1)(l) of the Directive and that report must contain such recommendations in respect of those matters as the Authority shall consider appropriate.

(3D)

The Authority must every year make a report to the Agency for the Co-operation of Energy Regulators in respect of the matters monitored under paragraph (3B)(d).”.