Queensland Consolidated Regulations

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ELECTRICITY REGULATION 2006 - SECT 72

72 Application of pt 3

(1) This part applies if any of the following events happen in relation to a retail entity other than the GOC Ergon Energy or any of its subsidiaries--

(a) under the National Electricity Rules, clause 3.15.21(c), NEMMCO suspends it from trading;
Note--
Under the National Electricity Rules, clause 3.15.21(a) (Default procedure), the appointment of an insolvency official is a ground for suspension from trading.
(b) its retail authority is cancelled or suspended.

(2) The event is the ROLR event.

(3) The retail entity is the defaulting retailer.



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