CTHIn ForceAct
Competition and Consumer Act 2010
153HProhibited conduct—electricity spot market (aggravated case)
Start here
Get a plain-English read of 153H
Turn the raw legal text into a practical explanation grounded in Competition and Consumer Act 2010.
153H Prohibited conduct—electricity spot market (aggravated case)
A corporation contravenes this section if:
(a) the corporation:
(i) bids or offers to supply electricity in relation to an electricity spot market; or
(ii) fails to bid or offer to supply electricity in relation to an electricity spot market; and
(b) the corporation does so fraudulently, dishonestly or in bad faith, for the purpose of distorting or manipulating prices in that electricity spot market.