New South Wales Consolidated Regulations
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GAS SUPPLY (NATURAL GAS RETAIL COMPETITION) REGULATION 2001 - REG 70
Last resort supply events
70 Last resort supply events
(1) The following events are last resort supply events: (a) the Minister forms
the opinion that a supplier has ceased or is likely to cease to supply gas to
all, or a group of, its customers or is unable, or has failed or refused, to
operate in the retail market,
(b) a supplier’s authorisation is cancelled.
(2) Without limiting subclause (1) (a), the Minister may form an opinion
referred to in that paragraph if the supplier, or an administrator, receiver
or liquidator appointed in respect of the supplier, notifies the Minister that
the supplier has ceased, or is likely to cease, to continue to supply gas to
its customers or is unable or has failed or refused to operate in the retail
market.
(3) Without limiting subclause (1) (a), the Minister may form the
opinion that a supplier is unable, or has failed or refused, to operate in the
retail market if it is unable, or has failed or refused, to comply with the
requirements for retail market business systems under the retail market
business scheme of which the supplier is required to be a member.
(4) This
clause does not apply if a supplier is temporarily unable to supply gas to its
customers as a result of operational or technical difficulties in the delivery
of gas.
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