[4AA The principal objective and general duties of the Secretary of State and the Authority]
Gas Act 1986 (1986 c 44) | Legislation

[4AA  The principal objective and general duties of the Secretary of State and the Authority]

[(1)     The principal objective of the Secretary of State and the Gas and Electricity Markets Authority (in this Act referred to as “the Authority”) in carrying out their respective functions under this Part is to protect the interests of [existing and future] consumers in relation to gas conveyed through pipes. . ..

[(1A)     Those interests of existing and future consumers are their interests taken as a whole, including—

(a)     their interests in [the Secretary of State's compliance with the duties in sections 1 and 4(1)(b) of the Climate Change Act 2008 (net zero target for 2050 and five-year carbon budgets)]; . . .

(b)     their interests in the security of the supply of gas to them[; and

(c)     their interests in the fulfilment by the Authority, when carrying out its [designated regulatory functions], of the] [designated regulatory objectives].

(1B)     The Secretary of State and the Authority shall carry out their respective functions under this Part in the manner which the Secretary of State or the Authority (as the case may be) considers is best calculated to further the principal objective, wherever appropriate by promoting effective competition between persons engaged

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