Change The Gas-Market Model Regulation 2012 (Gmmo-Vo Novel 2012)

Original Language Title: Änderung der Gas-Marktmodell-Verordnung 2012 (GMMO-VO Novelle 2012)

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443. Regulation of the Management Board of E-Control, with which the Gas-Market Model Regulation 2012 is amended (GMMO-VO Novelle 2012)

The regulation of the Board of Management of E-Control on gas-market model regulations (Gas-Market Model Regulation 2012), BGBl. II No 171/2012, shall be amended as follows:

1. In accordance with Article 46 (4), the following paragraphs 5 to 7 are added:

" (5) For eligible accounting group managers who have applied for admission as a group responsible for the management of the balance sheet prior to the presentation of this provision, which, however, shall be responsible for the settlement of the balance sheet by 17 December 2012, 4 p.m. Do not meet the requirements of the natural gas exchange at the Virtual Trading Point, the following provisions shall not apply as long as these requirements are not met:

1.

Renomination referred to in point V.1, first set of general conditions for network access in the transmission system;

2.

Access to the virtual trading point according to § 18 (3), unless there is an upright contractual relationship with the operator of the virtual trading point;

3.

registration in the market area pursuant to § 19 (2) sentence 2 and 3, § 19 (5) and (7);

4.

Balancing by the market area manager according to § 26 para. 4 sentence 2 and 3, as well as point 3.2.1 and point 6.5 sentence 1, 2, 3 and 4 of the general conditions of the market area manager for the legal relationship with the balance sheet group responsible.

(6) The following provisions shall apply to the accounting group responsible in accordance with paragraph 5 below until full compliance with the accounting requirements on the natural gas exchange at the Virtual Trade Point:

1.

The group responsible for the balance sheet group has to make balanced nominations until 2:00 p.m. of the previous day (D-1) for each hour of the following guest day (D) and per balance sheet group in the market area. In the event of the imbalance of the balance sheet group (s) of the accounting group responsible pursuant to paragraph 5, the market area manager is entitled to demand the reduction or changes of nominations which are to be implemented by the nominees. . The time limits laid down in Chapter 2 and 3 of the Other Market Rules shall not be applied;

2.

The group responsible for the balance sheet group is not entitled to make any renomination, with the exception of an express instruction by the market area manager;

3.

In the case of the market area manager until 27 December 2012, the accounting officer responsible has to deposit a security performance in the form of a cash deposit of EUR 50,000.-. In the event that the security does not arrive in due time or if the security is used up, the market area manager shall be responsible for the performance of the performance in accordance with point 5.2 of the General Conditions of the Market Area Manager for the Legal relationship with the group responsible for the balance sheet group. The return of the security shall be effected on 31 March 2013.

(7) In the event of disruptions to the relevant IT systems, the market area manager is entitled to temporarily extend the lead times for renominings, respectively. and to suspend the balance of the balance sheet groups on the stock exchange and to update the imbalance in the Carry Forward. "

2. In accordance with Section 47 (3), the following paragraph 4 is added:

" (4) § 46 (5) to (7) in the version of the GMMO-VO Novelle 2012 are presented with 1. January 2013 in force and with the expiry of the 28th of February 2013, 6 o'clock out of force. "

Boltz Graf