Electricity Supply Industry (Pricing and Related Matters) Regulations 2023
11When price-regulated retail service price determination takes effect and ends
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11 When price-regulated retail service price determination takes effect and ends
(1) A price-regulated retail service price determination (the new determination) that relates to a regulated offer retailer takes effect –
(a) if at the time when the new determination is made there is in force no other such determination in relation to the regulated offer retailer – on the date specified in the new determination as the date on which the determination is to take effect; or
(b) if at the time when the new determination is made there is in force another such determination in relation to the regulated offer retailer, that has not yet reached its expiry date – on the expiry or revocation of the other determination; or
(c) if at the time when the new determination is made there is in force, by reason of subregulation (3) , another such determination in relation to the regulated offer retailer – on the date specified in the new determination as the date on which the determination is to take effect.
(2) A price-regulated retail service price determination that relates to a regulated offer retailer ceases to have effect –
(a) if the determination is revoked – on the date on which that revocation takes effect; or
(b) if the determination, by reason of subregulation (3) , is continued after the date on which it would normally expire – on the date on which another price-regulated retail service price determination in relation to the retailer takes effect; or
(c) in any other case – on the date specified in the determination as the date on which it expires.
(3) If, on the date on which a price-regulated retail service price determination is due to expire, a pricing investigation is being conducted for the purposes of regulation 5 , that determination continues to have effect.