71Notice about proposed termination of supply contract

71 Notice about proposed termination of supply contract (1) If the commission considers that it is not in the public interest for a supply contract to remain in force, the commission must give each party to the supply contract a written notice— (a) stating the reasons why the commission considers that it is not in the public interest for the contract to remain in force; and

(b) telling the party that the party may, not later than 3 weeks after the day the party is given the notice, give a response to the commission about the notice. (2) In deciding whether or not it is in the public interest for a supply contract to remain in force, the commission must consider— (a) whether each party to the supply contract is an eligible person; and (b) the operation of the supply contract. (3) The commission may also consider any other relevant matter. (4) The commission may require a party to a supply contract to give the commission information the commission reasonably needs for exercising its function under this section.