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

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

Read the untranslated law here: https://www.global-regulation.com/law/austria/2996966/nderung-der-gas-marktmodell-verordnung-2012-%2528gmmo-vo-novelle-2012%2529.html

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443. Regulation of the Board of E-control, the gas-market model regulation 2012 modifies the (GMMO-VO novel 2012)

The regulation of the Board of the E-control regulations to the gas market model (gas-market model regulation 2012), Federal Law Gazette II No. 171/2012, is amended as follows:

1. According to article 46, paragraph 4 shall be added following paragraph 5 to 7:

"(5) for approved conduct that have applied for admission as a serving before the publication of this determination, but until December 17, 2012, 16: 00 who do not meet requirements necessary for carrying out the accounting over the exchange of natural gas at the virtual trading point, are following provisions inapplicable, as long as these requirements are not met:"



1. Re nominations referred to in point V. 1 first set of the policies for network access in the transmission grid;

2. access to the virtual trading point according to § 18 para 3, if there is no upright contractual relationship with the owner of the virtual trading point;

3. registration in the market area in accordance with section 19 para 2 sentence 2 and 3, article 19, par. 5, and 7;

4. accounting through the market area manager in accordance with section 26 ABS. 4 Pack of 2 and 3, as well as point 3.2.1 and point 6.5 set 1, 2, 3 and 4 of the terms of the market area manager for the legal relationship with the balance.

(6) for conduct in accordance with paragraph 5, following shall apply until the complete fulfilment of accounting requirements on the exchange of natural gas at the virtual trading point:



1. the conduct has to provide balanced nominations until 14:00 of the day before (D-1) for each hour of the next gas day (D) and each group of balance in the market. The market area manager is entitled to demand a reduction or change of nominations, which are to be implemented by the nomination recipients in the case of the unbalance of the balance group of the balance referred to in paragraph 5. The other deadlines in accordance with market rules Chapter 2 and 3 do not come to the application;

2. the balance shall not be entitled to make re nominations, except on the basis of an express statement by the market area manager;

3. the conduct has to deposit a security deposit in the form of a bar deposit in the amount of EUR 50,000 in the market area manager until December 27, 2012. In the event that the guarantee arrives not in time or when security is used up, is the market area manager for the performance suspension in accordance with section 5.2 of the General conditions of the market area manager for the legal relationship with the balance right. The returning of the security deposit is carried out on 31 March 2013.

(7) the market area manager may in the case of errors the relevant IT systems temporarily to extend the lead times for re nominations or to suspend and to suspend the balance of the balance Group on the stock exchange and to perpetuate the imbalance in the carry forward."

2. According to article 47, para. 3, the following paragraph 4 is added:

"(4) amendment to 2012 contact § 46 para 5 to 7 as amended by the GMMO-VO 1 January 2013 in force and at the end of the 28 February 2013, 6 o'clock override."

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