sec.3Objects of Act

### sec.3 Objects of Act The objects of this Act are to— set a framework for all electricity industry participants that promotes efficient, economical and environmentally sound electricity supply and use; and regulate the electricity industry and electricity use; and establish a competitive electricity market in line with the national electricity industry reform process; and ensure that the interests of customers are protected; and take into account national competition policy requirements. s 3 amd 1997 No. 77 s 4 ; 2002 No. 42 s 242 sch 1 - (a) set a framework for all electricity industry participants that promotes efficient, economical and environmentally sound electricity supply and use; and - (b) regulate the electricity industry and electricity use; and - (c) establish a competitive electricity market in line with the national electricity industry reform process; and - (d) ensure that the interests of customers are protected; and - (e) take into account national competition policy requirements.