ELECTRICITY INDUSTRY ACT 2000 - SECT 40FG Small retail licensees may offer to purchase qualifying solar energy generation electricity or TFiT scheme electricity
ELECTRICITY INDUSTRY ACT 2000 - SECT 40FG
Small retail licensees may offer to purchase qualifying solar energy generation electricity or TFiT scheme electricityS. 40FG(1) substituted by No. 64/2011 s. 9(2).
(1) A small retail licensee may offer to purchase—
(a) qualifying solar energy generation electricity from a qualifying customer during the premium solar feed-in tariff period for the qualifying customer;
(b) TFiT scheme electricity from a TFiT scheme customer during the TFiT scheme period for the TFiT scheme customer.
(2) If a small retail licensee decides to do so, the small retail licensee must publish a notice to that effect.
S. 40FG(3) amended by No. 64/2011 s. 9(3).
(3) Without limiting the generality of section 20(2) or 20(3) or section 21, but subject to this Division, on and after the day a notice is published in the Government Gazette under subsection (2), the conditions to which a licence to sell electricity held by a small retail licensee is subject include a condition requiring the small retail licensee to publish premium solar feed-in tariff terms and conditions or TFiT scheme terms and conditions (as the case requires).
S. 40FG(4) amended by No. 64/2011 s. 9(4).
(4) A small retail licensee that publishes premium solar feed-in tariff terms and conditions or TFiT scheme terms and conditions under subsection (2) must give a copy of those terms and conditions to the Minister within 7 days after publishing them.
(5) If a small retail licensee decides to stop purchasing qualifying solar energy generation electricity from a qualifying customer during the premium solar feed-in tariff period for the qualifying customer, it may publish a notice to that effect.
S. 40FG(5A) inserted by No. 64/2011 s. 9(5).
(5A) If a small retail licensee decides to stop purchasing TFiT scheme electricity from a TFiT scheme customer during the TFiT scheme period for the TFiT scheme customer, it may publish a notice to that effect.
S. 40FG(6) amended by No. 64/2011 s. 9(6).
(6) On and after the day a small retail licensee publishes a notice under subsection (5) or (5A), subsection (3) ceases to apply to that small retail licensee.
S. 40FG(7) amended by No. 64/2011 s. 9(6).
(7) To avoid doubt, the publication by a small retail licensee of a notice under subsection (5) or (5A) does not prevent the small retail licensee from publishing another notice under subsection (2) to which this section will apply.
S. 40FH (Heading) amended by No. 64/2011 s. 10(1).
S. 40FH inserted by No. 41/2009 s. 5.