sec.33Additional condition not to buy and sell electricity

### sec.33 Additional condition not to buy and sell electricity It is also a condition of a transmission authority held by a transmission entity that operates a regulated transmission grid that the transmission entity must not buy or sell electricity directly or indirectly. Subsection (1) does not apply to generating, buying or selling electricity— necessary to operate the transmission entity’s transmission grid or for a purpose associated with the planning, design, construction, maintenance or operation of the transmission grid; or for the entity’s administrative purposes. In this section— regulated transmission grid means a transmission grid that is subject to the regulatory arrangements for transmission service pricing under the National Electricity Rules, chapter 6 . s 33 sub 1997 No. 77 s 11 (2)(c) exp 23 May 1998 (see s 33(3)) amd 2003 No. 28 s 5 ; 2005 No. 51 s 3 sch (sec.33-ssec.1) It is also a condition of a transmission authority held by a transmission entity that operates a regulated transmission grid that the transmission entity must not buy or sell electricity directly or indirectly. (sec.33-ssec.2) Subsection (1) does not apply to generating, buying or selling electricity— necessary to operate the transmission entity’s transmission grid or for a purpose associated with the planning, design, construction, maintenance or operation of the transmission grid; or for the entity’s administrative purposes. (sec.33-ssec.3) In this section— regulated transmission grid means a transmission grid that is subject to the regulatory arrangements for transmission service pricing under the National Electricity Rules, chapter 6 . - (a) necessary to operate the transmission entity’s transmission grid or for a purpose associated with the planning, design, construction, maintenance or operation of the transmission grid; or - (b) for the entity’s administrative purposes.