49EApplication of Code to persons other than electricity entities

49E Application of Code to persons other than electricity entities

[Section 49E of Part 3 Inserted by No. 21 of 1998, s. 17, Applied:19 Jun 1998]

(1)  The Code may provide for the registration as participants of persons, other than electricity entities, that intend to participate in the electricity supply industry.

(2)  A person registered as a participant must comply with the relevant provisions of the Code and any direction, decision or determination of the Regulator under the Code.

(3)  The Regulator may cancel the registration of a participant if the Regulator finds that the participant has failed to comply with the relevant provisions of the Code or any direction, decision or determination of the Regulator under the Code.

(4)  The Code may specify conditions that must be complied with –

(a) before a person can be registered as a participant; or

(b) before the registration of a participant can be cancelled.