sec.88Prohibition on operating transmission grid unless authorised

### sec.88 Prohibition on operating transmission grid unless authorised A person must not operate a transmission grid unless the person is the holder of a transmission authority. Maximum penalty—5,000 penalty units. If a corporation commits an offence against this provision, each executive officer of the corporation may be taken, under section 240A , to have also committed the offence. A person who contravenes subsection (1) may not, for the period of the contravention, take part in trading arrangements or settlement processes under this Act or the National Electricity Rules or recover payment for electricity or services provided by it. s 88 amd 1997 No. 50 s 13 ; 2005 No. 51 s 3 sch ; 2013 No. 51 s 229 sch 1 (sec.88-ssec.1) A person must not operate a transmission grid unless the person is the holder of a transmission authority. Maximum penalty—5,000 penalty units. If a corporation commits an offence against this provision, each executive officer of the corporation may be taken, under section 240A , to have also committed the offence. (sec.88-ssec.2) A person who contravenes subsection (1) may not, for the period of the contravention, take part in trading arrangements or settlement processes under this Act or the National Electricity Rules or recover payment for electricity or services provided by it.