148Duration of arrangements for large customers

148 Duration of arrangements for large customers

148 Duration of arrangements for large customers

(1) A RoLR deemed large customer retail arrangement ceases to be in operation if a contract for the sale of energy is formed in relation to the premises, but this subsection does not affect any rights or obligations that have already accrued under that arrangement.

(2) There is no minimum period for the large customer to remain with a RoLR on a RoLR deemed large customer retail arrangement.

(3) The designated RoLR and the large customer may agree to terminate the deemed large customer retail arrangement at any time.

(4) The designated RoLR may, at any time, serve a notice on the large customer stating that the RoLR deemed large customer retail arrangement will be terminated after the period of 6 months after the transfer date unless a retail contract is negotiated and formed in relation to the premises before the end of that period. The designated RoLR is, however, under no obligation to initiate negotiations with the large customer.

(5) The designated RoLR may terminate the arrangement in accordance with the terms and conditions of the deemed large customer retail arrangement after the end of that period.