CLEAN ENERGY ACT 2011 (NO. 131, 2011) - SECT 50 Withdrawal of quotation of OTN if OTN is cancelled or surrendered
CLEAN ENERGY ACT 2011 (NO. 131, 2011) - SECT 50
Withdrawal of quotation of OTN if OTN is cancelled or surrenderedIf:
(a) a person has made a quotation of the person's OTN to a natural gas supplier; and
(b) the OTN is cancelled or surrendered;
the quotation is taken to have been withdrawn when the cancellation or surrender takes effect.