ELECTRICITY INDUSTRY ACT 2000 - SECT 43A Review of financial hardship policy at the direction of Commission

ELECTRICITY INDUSTRY ACT 2000 - SECT 43A

    (1)     This section applies if the Commission is of the opinion that a financial hardship policy of a licensee requires review.

    (2)     The Commission may direct the licensee to review the policy and, if necessary—

        (a)     make variations so that the policy complies with section 43C; or

        (b)     replace the policy with a policy that complies with section 43C.

    (3)     On receiving a direction under subsection (2), a licensee must—

        (a)     vary or replace the policy in accordance with any direction of the Commission; and

        (b)     submit the amended financial hardship policy to the Commission for approval under section 45.

S. 43B inserted by No. 3/2014 s. 11.