Section 162 - National Energy Retail Law (NSW) - RoLR plans

162RoLR plans

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162 RoLR plans

(1) The AER must, in consultation with AEMO and Ministers of participating jurisdictions, develop, make and maintain RoLR plans.

(2) A RoLR plan is a plan for—

(a) the procedures to be followed by the participants in the event of a RoLR event, including direct communication with customers of a failed retailer; and

(b) regular exercises to be carried out by the participants in the plan.

(3) A RoLR plan must not be inconsistent with the RoLR Procedures.

(4) The participants in a RoLR plan are—

(a) the AER; and

(b) AEMO; and

(c) the registered RoLR or registered RoLRs nominated by the AER; and

(d) the distributor or distributors nominated by the AER; and

(e) other parties nominated by the AER.

(5) The AER must ensure that the participants in a RoLR plan—

(a) are consulted in the development and maintenance of the plan; and

(b) participate in regular exercises as provided in the plan.

(6) Each participant in a RoLR plan must use its best endeavours—

(a) to comply with the plan; and

(b) to assist in the development and maintenance of the plan; and

(c) to participate in regular exercises as provided in the plan.

(7) A RoLR plan must be published on the AER’s website.

(8) The AER must ensure that a RoLR plan is reviewed at such times as it considers appropriate and kept up to date to accord with the review outcomes.