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ELECTRICITY INDUSTRY ACT 2000 - SECT 39A Commission must report to Minister on electricity supply offers

ELECTRICITY INDUSTRY ACT 2000 - SECT 39A

Commission must report to Minister on electricity supply offers

    (1)     The Commission must by the end of every calendar year, and at other times the Minister directs in writing, prepare and give to the Minister a report that, for the reporting period, compares and assesses—

        (a)     licensee standing offers, deemed standing offers in effect during the reporting period, and relevant published offers and other offers of retailers to supply and sell electricity that were available during the reporting period;

        (b)     variations to licensee standing offers, deemed standing offers, relevant published offers and other offers to supply and sell electricity during the reporting period.

    (2)     A report under subsection (1)—

        (a)     may include information about any trends in relation to variations to licensee     standing offers, deemed standing offers, relevant published offers and other offers of retailers to supply and sell electricity over a period; and

        (b)     must also include any other information that the Minister, in writing, requires to be included.

    (3)     A period referred to in subsection (2)(a) may be greater than the reporting period.

    (4)     The Commission must publish a report under subsection (1) on its Internet site as soon as practicable after giving it to the Minister.

    (5)     In this section—

"deemed standing offer" means the tariffs and terms and conditions constituting a deemed contract for the supply and sale of electricity under section 37 or section 39;

"reporting period" means the financial year ending in the calendar year in which the Commission must give its report to the Minister.

S. 40 amended by No. 13/2001 s. 4(2), repealed by No. 85/2001 s. 7.

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S. 40A inserted by No. 13/2001 s. 5.