New South Wales Consolidated Regulations

ELECTRICITY SUPPLY (GENERAL) REGULATION 2001 - REG 73BD

73BD Duration of election to be elective participant

(1) An election to be an elective participant has no effect unless it is accepted by the Tribunal.

(1A) If only part of an electricity load is covered by an election, the Tribunal must not accept the election unless it is satisfied that the part will be separately metered at the commencement of the period in respect of which the election is made.

(2) The Tribunal must, as soon as practicable after accepting an election, give written notice of the acceptance to:

(a) the person who made the election, and

(b) any retail supplier or electricity generator that is to supply the electricity load or the part of the load covered by the election.

(3) An election to be an elective participant that is accepted by the Tribunal has effect, subject to this clause, for the period specified in the notice of acceptance.

(4) An election by a large customer to be an elective participant ceases to have effect at the end of a year in which the Tribunal gives the large customer written notice of cancellation or the large customer notifies the Tribunal of its intention not to continue as an elective participant.

(5) An elective participant who does not wish to continue to be an elective participant in the succeeding year must notify the Tribunal not later than 30 June in the preceding year.

(6) Notice for the purpose of subclause (5) must be given in the form and manner approved by the Tribunal.