Document ID: chunk:federal_register_of_legislation:C2019A00115:clause:1_153g
Version: federal_register_of_legislation:C2019A00115
Segment Type: clause
Provision Reference: sch 1 cl 153G
Character Range: 9021–9765

153G  Prohibited conduct—electricity spot market (basic case)
  A corporation contravenes this section if:
 (a) the corporation:
 (i) bids or offers to supply electricity in relation to an electricity spot market; or
 (ii) fails to bid or offer to supply electricity in relation to an electricity spot market; and
 (b) the corporation does so:
 (i) fraudulently, dishonestly or in bad faith; or
 (ii) for the purpose of distorting or manipulating prices in that electricity spot market.
Note 1: The Treasurer cannot make a contracting order in respect of a contravention of this section (see paragraph 153W(e)).
Note 2: The Treasurer cannot apply for a divestiture order in respect of a contravention of this section (see paragraph 153ZA(e)).