3. The maximum duration for capacity contracts shall be 20 years for infrastructure completed before 1 January 2028 and 15 years for infrastructure completed on or after that date. Regulatory authorities shall have the right to impose shorter maximum durations if necessary to ensure hydrogen market functioning, to safeguard competition and to ensure future cross-border integration. When adopting a decision on the imposition of a shorter maximum duration, the regulatory authorities shall take into account, inter alia, commitment from network users to secure network financing, negative implications on planning and refinancing possibilities.