VICIn ForceAct
National Electricity (Victoria) Act 2005
33TVicGrid consent for transfer of REZ scheme authority
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33T VicGrid consent for transfer of REZ scheme authority
(1) A REZ scheme authority holder may apply to VicGrid for VicGrid to consent to the transfer of the REZ scheme authority they hold to another person.
(2) On receiving an application under subsection (1), VicGrid may consent, or refuse to consent, to the transfer of the REZ scheme authority held by the REZ scheme authority holder to the other person.
(3) In making a decision under subsection (2), VicGrid must have regard to any matters that are prescribed.
(4) Despite subsection (3), VicGrid must refuse to consent to the transfer of the REZ scheme authority if VicGrid is satisfied that it is not in the public interest for the REZ scheme authority holder to transfer the REZ scheme authority they hold to the other person.
(5) If VicGrid refuses to consent to the transfer of the REZ scheme authority, VicGrid must give written notice of that decision to the REZ scheme authority holder as soon as practicable after making the decision.
S. 33U inserted by No. 38/2025 s. 33.