10Regulated entities to be notified when person ceases to be eligible for concession

10 Regulated entities to be notified when person ceases to be eligible for concession

(1)  A person who –

(a) is an eligible customer of a regulated entity in respect of a dwelling; and

(b) has been granted a concession by the regulated entity –

must not fail, without reasonable excuse, to notify the entity within 21 days of ceasing to be an eligible customer of the entity in respect of a dwelling.

Penalty:  2 penalty units.

(2)  A notification under subsection (1) to a regulated entity is to be made in the manner approved by the regulated entity.