sec.145Contractual arrangements for sale of energy to transferred small customers

sec.145 Contractual arrangements for sale of energy to transferred small customers

This section applies where a person who was a small customer of a failed retailer immediately before the transfer date becomes, by force of this Law, a customer of the relevant designated RoLR. An arrangement (a RoLR deemed small customer retail arrangement ) is taken to apply between the relevant designated RoLR and the small customer with effect on and from the transfer date. The terms and conditions of the RoLR deemed small customer retail arrangement are the terms and conditions of the relevant designated RoLR’s standard retail contract. The prices applicable to the RoLR deemed small customer retail arrangement are the relevant designated RoLR’s standing offer prices, with any variations in accordance with or consequent on the applicable RoLR cost recovery scheme determined under Division 9 . This section has effect even though the failed retailer might not cease to be the financially responsible retailer for the premises of the small customer until after the transfer date. (sec.145-ssec.1) This section applies where a person who was a small customer of a failed retailer immediately before the transfer date becomes, by force of this Law, a customer of the relevant designated RoLR. (sec.145-ssec.2) An arrangement (a RoLR deemed small customer retail arrangement ) is taken to apply between the relevant designated RoLR and the small customer with effect on and from the transfer date. (sec.145-ssec.3) The terms and conditions of the RoLR deemed small customer retail arrangement are the terms and conditions of the relevant designated RoLR’s standard retail contract. (sec.145-ssec.4) The prices applicable to the RoLR deemed small customer retail arrangement are the relevant designated RoLR’s standing offer prices, with any variations in accordance with or consequent on the applicable RoLR cost recovery scheme determined under Division 9 . (sec.145-ssec.5) This section has effect even though the failed retailer might not cease to be the financially responsible retailer for the premises of the small customer until after the transfer date.