New South Wales Consolidated Acts New South Wales Consolidated ActsThe objects of this Division are to provide for the establishment, operation and management of a fund, to be known as the Electricity Tariff Equalisation Fund, so as:
(a) to maintain the ability of standard retail suppliers to supply electricity at regulated retail tariffs, and
(b) to be transparent in its operation, and
(c) to manage the wholesale purchase cost risk borne by standard retail suppliers required to supply electricity at regulated retail tariffs, and
(d) to minimise any competitive advantage or disadvantage to those standard retail suppliers resulting from the requirement to supply electricity at regulated retail tariffs.