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Energy Prices Act 2022

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8(1)Section 10 (consequential modification of standard supply licence conditions) is amended as follows.

(2)In subsection (1), after “effect” insert “, in the case of all supply licences,”.

(3)After subsection (1) insert—

(1A)The Authority may make such modifications of any standard conditions incorporated in supply licences by virtue of section 8 of the Gas Act 1986 as it considers necessary or expedient in consequence of tariff cap conditions ceasing to have effect as provided by section 8 in the case only of supply licences for the supply of gas.

(1B)The Authority may make such modifications of any standard conditions incorporated in supply licences by virtue of section 8A of the Electricity Act 1989 as it considers necessary or expedient in consequence of tariff cap conditions ceasing to have effect as provided by section 8 in the case only of supply licences for the supply of electricity.

(4)In subsection (2)(a), for “the modifications” substitute “modifications made under this section”.

(5)In subsection (3), after “modification” insert “made under this section”.

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