15Network operator

15 Network operator

(1)  The Minister may appoint a person as a network operator in respect of the scheme by entering into a network operator agreement with the person.

(2)  The Minister may only enter into a network operator agreement with a person if the Minister is satisfied that the person –

(a) has the knowledge, skills and experience required of a network operator; and

(b) has the financial capacity to be a network operator; and

(c) is a fit and proper person within the meaning of section 16 ; and

(d) is not the scheme coordinator; and

(e) does not share a relevant commercial interest, or hold a relevant position, with the scheme coordinator or an associate of the scheme coordinator; and

(f) has met any other requirements prescribed in the regulations in respect of a network operator.

(3)  A person ceases to be appointed as a network operator when the first of the following occurs:

(a) the person’s appointment as network operator is cancelled under section 18 ;

(b) the network operator agreement, in force in respect of the person, expires or terminates.