44DAppointment of retailer of last resort as replacement retailer

44D Appointment of retailer of last resort as replacement retailer (1) If a RoLR transfer event occurs in relation to an electricity retailer, the Utilities Commission may appoint the retailer of last resort to sell electricity to customers of the failed retailer.

Electricity Reform Act 2000 34 (2) If the Utilities Commission makes an appointment under subsection (1) it must: (a) determine the day on which customers of the failed retailer are to transfer to the retailer of last resort in accordance with the Retail Code; and (b) give notice of the appointment to the failed retailer and the retailer of last resort; and (c) publish notice of the appointment on its website. (3) Subject to subsection (4), the day determined under subsection (2) may be a day that is earlier than the day on which the determination is made, but must not be earlier than the day on which the RoLR transfer event occurred. (4) If the RoLR transfer event is the cancellation of a licence, the day determined under subsection (2) must be the day on which the cancellation took effect.