Victorian Consolidated Legislation

Electricity Industry Act 2000 - SECT 40C

Prohibition on fees for late payment

40C. Prohibition on fees for late payment



(1) A term or condition in a contract for the supply or sale of electricity by
a licensee to a small retail customer (whether entered into before or after
the commencement of this section) is void to the extent that it permits the
licensee to charge the customer a fee or charge for late payment of an
electricity bill.





(2) Nothing in this section prevents a licensee from offering an incentive or
rebate to a small retail customer for paying an electricity bill on or before
the due date for payment.

(3) This section applies despite anything to the contrary in any terms and
conditions that form part or are deemed by this Act to form part of the
contract between a licensee and a small retail customer.