Electricity Supply Industry Act 1995
43ECommunity service obligation agreements
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43E Community service obligation agreements
[Section 43E Inserted by No. 5 of 2013, s. 17, Applied:01 Jun 2013]
(1) The Minister may enter into a community service obligation agreement with an authorised retailer.
(2) A community service obligation agreement with an authorised retailer is an agreement that sets out the circumstances, and the manner, in which –
(a) the retailer will comply with a concession order that applies to the retailer; and
(b) the Minister will reimburse to the retailer the amount of the concessions granted in accordance with the concession order.
(3) An agreement entered into under subsection (1) is for the period, and is subject to the terms and conditions, determined by the parties to the agreement.