Document ID: chunk:federal_register_of_legislation:C2019A00115:clause:1_153a
Version: federal_register_of_legislation:C2019A00115
Segment Type: clause
Provision Reference: sch 1 cl 153A
Character Range: 2926–4035

153A  Simplified outline of this Part

      This Part deals with prohibited conduct by corporations in relation to electricity. It ceases to be in force on 1 January 2026.
      Division 2 of this Part sets out the circumstances in which a corporation engages in prohibited conduct.
      Responses to a corporation engaging in prohibited conduct include the following:
             (a) the Commission may issue a public warning notice;
             (b) the Commission may give the corporation an infringement notice;
             (c) the Commission may give the corporation a prohibited conduct notice that sets out proposed orders (and the Commission may later give the Treasurer a prohibited conduct recommendation that recommends orders);
             (d) if the Commission has given the Treasurer a prohibited conduct recommendation, the Treasurer may:
              (i) make a contracting order that requires making offers to enter into electricity financial contracts; and
              (ii) apply to the Court for a divestiture order that requires divestment of interests in assets and securities.