sch.5-sec.10Rule 49A

sch.5-sec.10 Rule 49A

Rule 49A (1) (b) — omit, insert — the early termination charge is— for the early termination of a fixed term contract—no more than $20; and for the early termination of a fixed benefit—no more than $20. Rule 49A (2) to (7) — omit, insert — Subject to subrule (3) , a term or condition of a market retail contract that is not a fixed term retail contract has no effect to the extent that it provides for the payment of an early termination charge (however described). Subrule (1) and (2) do not prevent the imposition of an early termination charge due to the early termination of a fixed benefit period, even if this coincides with the termination of the market retail contract. An early termination charge (however described), payable if a customer terminates a fixed benefit period early, only has effect if the contract includes details of the amount or manner of calculation of the early termination charge. This rule is a minimum requirement that is to apply in relation to small customers who purchase energy under a market retail contract. (sch.5-sec.10-ssec.1) Rule 49A (1) (b) — omit, insert — the early termination charge is— for the early termination of a fixed term contract—no more than $20; and for the early termination of a fixed benefit—no more than $20. (sch.5-sec.10-ssec.2) Rule 49A (2) to (7) — omit, insert — Subject to subrule (3) , a term or condition of a market retail contract that is not a fixed term retail contract has no effect to the extent that it provides for the payment of an early termination charge (however described). Subrule (1) and (2) do not prevent the imposition of an early termination charge due to the early termination of a fixed benefit period, even if this coincides with the termination of the market retail contract. An early termination charge (however described), payable if a customer terminates a fixed benefit period early, only has effect if the contract includes details of the amount or manner of calculation of the early termination charge. This rule is a minimum requirement that is to apply in relation to small customers who purchase energy under a market retail contract. (sch.5-sec.10-ssec.2-frag-ssec.2) Subject to subrule (3) , a term or condition of a market retail contract that is not a fixed term retail contract has no effect to the extent that it provides for the payment of an early termination charge (however described). (sch.5-sec.10-ssec.2-frag-ssec.3) Subrule (1) and (2) do not prevent the imposition of an early termination charge due to the early termination of a fixed benefit period, even if this coincides with the termination of the market retail contract. (sch.5-sec.10-ssec.2-frag-ssec.4) An early termination charge (however described), payable if a customer terminates a fixed benefit period early, only has effect if the contract includes details of the amount or manner of calculation of the early termination charge. (sch.5-sec.10-ssec.2-frag-ssec.5) This rule is a minimum requirement that is to apply in relation to small customers who purchase energy under a market retail contract.