14PObligation to report net contract position

14P Obligation to report net contract position

14P Obligation to report net contract position

(1) The liable entity must give the AER a report about the liable entity’s net contract position for the stated trading intervals during the reliability gap period as at the contract position day—

(a) that complies with subsection (2); and

(b) on or before the reporting day stated in the T-1 reliability instrument.

Note—

Subsection (1) is a civil penalty provision: See the definition of “civil penalty provision” in section 2AA(1).

(2) The report must—

(a) include the information required under the Rules; and

(b) be prepared and given in the manner and form required by the Rules.

(3) The liable entity must not provide information in a report the liable entity knows is false or misleading in a material particular.

Note—

Subsection (3) is a civil penalty provision: See the definition of “civil penalty provision” in section 2AA(1).

s 14P: Ins 2019 No 10, sec 7.