10ACorporations Act displacement

10A Corporations Act displacement

10A Corporations Act displacement

(1) The Regulations may declare a relevant provision to be a Corporations legislation displacement provision for the purposes of section 5G of the Corporations Act 2001 of the Commonwealth in relation to the provisions of Chapter 5 of that Act.

(2) In this section—

relevant provision means a provision of the Rules that relates to any of the following—

(a) the application by AEMO of money in any security deposit fund;

(b) the functions of AEMO under procedures relating to defaults by retailers;

(c) the application (or drawing on) of credit support held by a regulated distribution system operator in respect of a retailer who is the subject of a RoLR event within the meaning of Part 6 of the National Energy Retail Law.

s 10A: Ins 2011 No 7, sec 10.