124By‑laws

124. By‑laws

(1) Subject to this Act, an electricity corporation may with the approval of the Governor make by‑laws for the more effectual performance of the functions of the corporation, and as to the other matters provided for by this Act.

(1a) By‑laws made by an electricity corporation shall make provision only in respect of electricity, and in respect of related matters.

(2) By‑laws made by an electricity corporation under this Act shall be subject to the regulations made by the Governor under this Act and where any such by‑law is in any respect inconsistent with or repugnant to any such regulation the regulation shall prevail and the by‑law shall be read and be construed and have effect accordingly.

(3) By‑laws made under this Act may impose a penalty not exceeding $2 000 for the breach of any such by‑law.

(4) Without limiting or restricting the generality of subsection (1) by‑laws made under this Act by an electricity corporation may provide for all or any of the following matters or purposes, that is to say —

(a) the establishment, installation, construction, management, maintenance, repair, use and protection of the undertakings, works and other property of, or under the control or management of, the corporation; and

(b) preventing or remedying the waste, misuse or undue consumption of, or any undue or improper interference with the enjoyment by any other person of, any energy supply whether generated or produced and distributed or supplied by the corporation or any other person, body or authority; and

(c) as to the establishment, conditions, and termination of the supply of energy; and

(d) prescribing —

(i) the fees and charges that are from time to time to apply in relation to energy supplied or services provided by the corporation;

(iaa) subject to subsection (4a), the payment of an additional amount by way of interest at the prescribed rate to be made where the payment of any amount exceeding $1 000 in relation to energy supplied or services performed by the corporation is not paid in full on the date when it is due as specified by the corporation or within such time as is fixed by the corporation;

(ia) any formula, index or other base to be used for the purposes of calculating or ascertaining any fee or charge that is to apply to or in relation to a service provided by the corporation or a supply of energy;

(ii) the making of a fixed charge in respect of a supply effected, whether or not utilised;

(iii) the accounting procedures relating thereto and the fees payable in respect of accounting, the conditions upon and subject to which security by way of deposit or guarantee or otherwise shall be given to secure the payment of accounts or for other purposes, the amount of such deposits or guarantees, and the manner in which moneys relating thereto shall be dealt with;