1Updated reading of the regulation458A C Tof 28th November 2000on Business Conditions and Public Administration in the Energy Sectorsand on Amendment to Other Laws (the “Energy Act”)The Parliament has passed the following Act as a Law of the Czech Republic:PART ONEBUSINESS CONDITIONS AND PUBLIC ADMINISTRATION IN THEENERGY SECTORSChapter IGeneral PartSection 1Object of RegulationThis Act provides the conditions for business activities, performance of public administrationand regulation in the energy sectors, including electricity, gas and heat, as well as the rights ofand obligations of individuals and legal entities related thereto.Section 2Definitions of the Concepts(1) For the purposes of this Act, the following terms shall have the followingmeanings:a) regulation shall mean rectification of business activities in the energy industries tosubstitute for some of the effects of economic competition, to develop conditions for therise and functioning of economic competition as such, to pr...