sec.64Scheme participation—energy entities

sec.64 Scheme participation—energy entities

An exempt seller, other than a prescribed energy entity, becomes a scheme participant only when it starts to sell energy to a relevant energy customer. A retailer becomes a scheme participant only when it enters into a contract for the provision of, or starts to provide, a customer retail service to a relevant energy customer. Any other type of energy entity becomes a scheme participant when it becomes an energy entity. If an entity stops being an energy entity it continues to be a scheme participant for 12 months from when it stopped being an energy entity. To remove any doubt, it is declared that cessation of scheme participation by an entity that was an energy entity does not affect an obligation to pay a fee under this Act or any other obligation under this Act that accrued before the cessation. s 64 amd 2010 No. 53 ss 32 , 3 sch 1 ; 2014 No. 48 s 104 ; 2015 No. 26 s 12 ; 2020 No. 14 s 22 (sec.64-ssec.1) An exempt seller, other than a prescribed energy entity, becomes a scheme participant only when it starts to sell energy to a relevant energy customer. (sec.64-ssec.2) A retailer becomes a scheme participant only when it enters into a contract for the provision of, or starts to provide, a customer retail service to a relevant energy customer. (sec.64-ssec.3) Any other type of energy entity becomes a scheme participant when it becomes an energy entity. (sec.64-ssec.4) If an entity stops being an energy entity it continues to be a scheme participant for 12 months from when it stopped being an energy entity. (sec.64-ssec.5) To remove any doubt, it is declared that cessation of scheme participation by an entity that was an energy entity does not affect an obligation to pay a fee under this Act or any other obligation under this Act that accrued before the cessation.