24Licence conditions – general

24 Licence conditions – general (1) The Utilities Commission must, on granting a licence, make the licence subject to conditions determined by the Utilities Commission: (a) requiring compliance with applicable codes or rules (with modifications or exemptions determined by the Utilities Commission) made under the Utilities Commission Act 2000 as in force from time to time;

Electricity Reform Act 2000 14 (b) requiring compliance with protocols, standards and codes applying to the electricity entity under the Regulations; (c) relating to the electricity entity's financial or other capacity to continue operations under the licence; (d) requiring the electricity entity to have all or part of the operations authorised by the licence audited and to report the results of the audit to the Utilities Commission; (e) requiring the electricity entity to notify the Utilities Commission about changes to officers and, if applicable, major shareholders of the entity; and (f) requiring the electricity entity to comply with the requirements of any scheme approved and funded by the Minister for the performance of community service obligations by electricity entities. (2) The Utilities Commission must, on granting a licence, make the licence subject to further conditions that the Utilities Commission is required by the Regulations to impose on granting the licence. (3) The Utilities Commission must, on granting a licence, make the licence subject to further conditions: (a) if 2 or more people are granted a single licence in partnership or as an unincorporated joint venture – relating to the carrying on of those activities in that manner; and (b) requiring the electricity entity to develop and comply with customer related standards and procedures. (4) The Utilities Commission may, on granting a licence, make the licence subject to further conditions that are considered appropriate by the Utilities Commission. (5) The Utilities Commission must provide to the Minister any information that the Minister requires in connection with the performance of community service obligations relating to the generation, supply or sale of electricity.