sec.127FAmending approved demand management plan

sec.127F Amending approved demand management plan

The distribution entity may, at any time in a financial year, amend its approved demand management plan for the year. However, the plan may be amended only if a change in circumstances happens that indicates the carrying out of a proposed initiative, or the carrying out of a proposed initiative in the way described in the plan, is no longer feasible or practical to achieve the entity’s strategy. If, in amending the plan, a proposed initiative, or the way a proposed initiative is to be carried out under the plan, is not changed, the entity’s performance targets for the proposed initiative must not be changed in the amended plan. The distribution entity must give the regulator a copy of the amended plan. The plan, as amended, takes effect as the distribution entity’s approved demand management plan for the financial year only when it is approved by the regulator. s 127F ins 2009 SL No. 83 s 6 (sec.127F-ssec.1) The distribution entity may, at any time in a financial year, amend its approved demand management plan for the year. (sec.127F-ssec.2) However, the plan may be amended only if a change in circumstances happens that indicates the carrying out of a proposed initiative, or the carrying out of a proposed initiative in the way described in the plan, is no longer feasible or practical to achieve the entity’s strategy. (sec.127F-ssec.3) If, in amending the plan, a proposed initiative, or the way a proposed initiative is to be carried out under the plan, is not changed, the entity’s performance targets for the proposed initiative must not be changed in the amended plan. (sec.127F-ssec.4) The distribution entity must give the regulator a copy of the amended plan. (sec.127F-ssec.5) The plan, as amended, takes effect as the distribution entity’s approved demand management plan for the financial year only when it is approved by the regulator.