Document ID: chunk:federal_register_of_legislation:C2025C00189:section:153g
Version: federal_register_of_legislation:C2025C00189
Segment Type: section
Provision Reference: s 153G
Character Range: 2044652–2045396

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)).