121AACosts of transfer of prepayment meter customers recoverable from distributor

121AA Costs of transfer of prepayment meter customers recoverable from distributor

[Section 121AA Inserted by No. 5 of 2013, s. 22, Applied:01 Jun 2013]

(1)  An authorised retailer may give to the distributor in respect of the authorised retailer a notice specifying –

(a) [Section 121AA Subsection (1) amended by No. 48 of 2013, s. 8, Applied:01 Jan 2014] [Section 121AA Subsection (1) amended by No. 48 of 2013, s. 8, Applied:01 Jan 2014] the relevant costs incurred by the retailer in relation to a relevant termination, under the National Energy Retail Law (Tasmania), of a prepayment meter market retail contract; and

(b) [Section 121AA Subsection (1) amended by No. 48 of 2013, s. 8, Applied:01 Jan 2014] the day, not being (unless otherwise agreed between the distributor and the authorised retailer) a day that is less than 30 days after the day on which the notice is given, by which the distributor is to pay the costs to the retailer.

(1A)  [Section 121AA Subsection (1A) inserted by No. 48 of 2013, s. 8, Applied:01 Jan 2014] For the purposes of subsection (1)(a) , the relevant costs incurred by an authorised retailer in relation to a relevant termination are the costs charged to the retailer by the distributor for the removal or reconfiguration of a prepayment meter system installed at the premises to which the relevant termination relates.

(1B)  [Section 121AA Subsection (1B) inserted by No. 48 of 2013, s. 8, Applied:01 Jan 2014] For the purposes of subsection (1)(a) , a relevant termination is a termination, of a prepayment meter market retail contract in relation to a prepayment meter of the prescribed type installed at premises, by a customer –

(a) who has received from an authorised retailer a notice of the variation of the tariffs and charges in relation to the prepayment meter market retail contract; and