Document ID: chunk:federal_register_of_legislation:C2025C00189:section:153f
Version: federal_register_of_legislation:C2025C00189
Segment Type: section
Provision Reference: s 153F
Character Range: 2043733–2044652

153F  Prohibited conduct—electricity financial contract liquidity
  A corporation contravenes this section if:
 (a) any of the following conditions are satisfied:
 (i) the corporation generates electricity;
 (ii) a body corporate that is related to the corporation generates electricity; and
 (b) the corporation does any of the following:
 (i) fails to offer electricity financial contracts;
 (ii) limits or restricts its offers to enter into electricity financial contracts;
 (iii) offers to enter into electricity financial contracts in a way that has, or on terms that have, the effect or likely effect of preventing, limiting or restricting acceptance of those offers; and
 (c) the corporation does so for the purpose of substantially lessening competition in any electricity market.
Note: The Treasurer cannot apply for a divestiture order in respect of a contravention of this section (see paragraph 153ZA(e)).