153CInterpretation

153C Interpretation

In this Part:

associate has the same meaning as in the Foreign Acquisitions and Takeovers Act 1975.

connected body corporate has the meaning given by section 153D.

contracting order means an order of the Treasurer under section 153X.

Court means the Federal Court of Australia.

divestiture order means an order of the Court under section 153ZB.

electricity financial contract: a contract is an electricity financial contract if:

(a) rights under the contract are derived from or relate to the price of electricity on an electricity spot market; and

(b) the operator of that electricity spot market is not a party to the contract.

electricity market means any of the following:

(a) a market in relation to the supply of electricity;

(b) a market for electricity financial contracts.

electricity spot market means a spot market for the supply of electricity.

interest, in an asset or a security, has the same meaning as in the Foreign Acquisitions and Takeovers Act 1975.

no Treasurer action notice means a notice under section 153U.

prohibited conduct: a corporation engages in prohibited conduct if the corporation engages in conduct that contravenes section 153E, 153F, 153G or 153H.

prohibited conduct notice means a notice under section 153P.

prohibited conduct recommendation means a notice under section 153S.

residential customer means a customer who purchases, or proposes to purchase, electricity principally for personal, household or domestic use at premises.

small business customer means a customer who purchases, or proposes to purchase, electricity at a rate less than 100 MWh a financial year and is not a residential customer in relation to that electricity.

small customer means a residential customer or a small business customer.