• Specific Year
    Any

RENEWABLE ENERGY (ELECTRICITY) ACT 2000 - SECT 32 Wholesale acquisitions

RENEWABLE ENERGY (ELECTRICITY) ACT 2000 - SECT 32

Wholesale acquisitions

  (1)   A wholesale acquisition is an acquisition of electricity from:

  (a)   AEMO or a person or body prescribed by the regulations; or

  (b)   a person who did not acquire it from another person.

  (2)   To avoid doubt, subsection   (1) does not apply where an end user acquires electricity from the person who generated the electricity and subsection   33(2) applies to create a notional wholesale acquisition in connection with that acquisition.

  (3)   If there is a wholesale acquisition of electricity under this section, then no other acquisition in relation to that electricity is a relevant acquisition (regardless of when the other acquisition occurs).