21Management of electricity trading risks—competition exemption

#### 21 Management of electricity trading risks—competition exemption 21 Management of electricity trading risks—competition exemption > > (1) The following are specifically authorised by this Act for the purposes of the [Competition and Consumer Act 2010](http://www.legislation.gov.au/) of the Commonwealth and the Competition Code of New South Wales— > > > > > (a) any agreement (including any electricity derivative agreement) entered into by an electricity generator or transaction entity in connection with the management of electricity trading risks and certified by the Treasurer for the purposes of this section to be an agreement entered into with the approval of or at the direction of the Treasurer, > > > > > (b) the conduct of the parties in negotiating and entering into any such agreement, > > > > > (c) the conduct of the parties (and of the successors, substitutes or assigns of the parties) in performing any such agreement. > > > (2) Anything authorised to be done by this section is authorised only to the extent (if any) that it would otherwise contravene Part IV of the [Competition and Consumer Act 2010](http://www.legislation.gov.au/) of the Commonwealth or the Competition Code of New South Wales.