South Australian Consolidated Acts38—Power to take over operations
(1) If—
(a) an
electricity entity contravenes a condition of its licence or any other
requirement of this Act, or an electricity entity's licence ceases, or is to
cease, to be in force; and
(b) it
is necessary, in the Commission's opinion, to take over the entity's
operations (or some of them) to ensure an adequate supply of electricity to
customers,
the Governor may make a proclamation under this section.
(2) Before a
proclamation is made under this section, the Commission must give the
electricity entity a reasonable opportunity to make written representations
giving reasons why the proclamation should not be made.
(3) A proclamation
under this section—
(a)
authorises the Commission to take over the electricity entity's operations or
a specified part of the electricity entity's operations; and
(b) may
contain ancillary directions (and may, in particular, contain directions about
how the costs of carrying on the operations, and revenue generated from the
operations, are to be dealt with).
(4) A direction under
subsection (3)(b) operates to the exclusion of rights that are
inconsistent with it.