SCHEDULE 4Amendments to the Capacity Allocation Mechanisms Code

2.

(1)

Article 2 is amended as follows.

(2)

In paragraph 1—

(a)

at the end of the first sentence, insert “ where transmission system operators carry out functions or activities that are regulated by a national regulatory authority ”; and

(b)

in the second sentence, for “third”, substitute “ other ”.

(3)

In paragraph 2, in the first sentence—

(a)

for “set up in accordance with”, substitute “ provided for in ”; and

(b)

omit “within the Union”.

(4)

In paragraph 3, for the second sentence, substitute—

“This Regulation does not apply to interconnection points where, immediately before F1IP completion day, either the UK or relevant member State held a derogation on the basis of Article 49 of Directive 2009/73/EC M1, as it had effect in EU law.”.

(5)

In paragraph 6, omit “within a Member State”.