Section 3 of the Principal Act is amended as follows:

(a) by inserting the following definition after the definition of award :

budget guidelines means the guidelines prepared and published under section 39 , as varied or substituted from time to time;

(b) by omitting the definition of electricity entity and substituting the following definitions:

Director of Gas has the same meaning as in the Gas Act 2000 ;

energy entity means –

(a) an electricity entity within the meaning of the Electricity Supply Industry Act 1995 ; or

(b) a gas entity within the meaning of the Gas Act 2000 ;

(c) by inserting the following definition after the definition of function :

gas means natural gas or any other gaseous fuel other than –

(a) liquified petroleum gas; and

(b) a gaseous fuel declared by regulations made under the Gas Act 2000 to be exempt from the operation of that Act;