Electricity Supply Industry Restructuring (Savings and Transitional Provisions) Act 1995
4Presumptive licensing
Start here
Get a plain-English read of 4
Turn the raw legal text into a practical explanation grounded in Electricity Supply Industry Restructuring (Savings and Transitional Provisions) Act 1995.
4 Presumptive licensing
(1) A person who was, immediately before the commencement of this Act, lawfully carrying on operations in the electricity supply industry is taken to be licensed under the ESI Act to carry on regulated operations in the electricity supply industry if –
(a) the person was carrying on operations of the same kind immediately before the commencement of this Act; or
(b) the person is authorised by regulation to carry on the operations.
(2) A presumptive licence under subsection (1) terminates 6 months after the commencement of this Act if the person makes no application for a licence under the ESI Act within that period and, if an application is made for a licence under that Act, the presumptive licence terminates when the application is finally decided.
(3) The regulations may prescribe conditions to which a presumptive licence under this section is subject.