The Cyprus Energy Regulatory Authority (CERA) may, in the performance of its duties and the exercise of its responsibilities and powers, take regulatory decisions determining the way in which it regulates the electricity market and which of the licensees will be bound by such a regulatory decision according to Article 26 of the Law Regulating the Electricity Market (Law no. 122(I)/2003).
Before taking any regulatory decision, CERA
Consults any licensee, license applicant or other interested person in relation to any matter to which the regulatory decision relates; and
Publishes a draft of its regulatory decision inviting licensees, license applicants or other interested persons to submit comments.