Queensland Consolidated Acts

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ELECTRICITY ACT 1994 - SECT 33

33 Additional condition not to buy and sell electricity

(1) It is also a condition of a transmission authority held by a transmission entity that operates a regulated transmission grid that the transmission entity must not buy or sell electricity directly or indirectly.

(2) Subsection (1) does not apply to generating, buying or selling electricity--

(a) necessary to operate the transmission entity's transmission grid or for a purpose associated with the planning, design, construction, maintenance or operation of the transmission grid; or
(b) for the entity's administrative purposes.

(3) In this section--

regulated transmission grid means a transmission grid that is subject to the regulatory arrangements for transmission service pricing under the National Electricity Rules, chapter 6.



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