Document ID: chunk:federal_register_of_legislation:F2023L00994:reg:19
Version: federal_register_of_legislation:F2023L00994
Segment Type: reg
Provision Reference: reg 19
Character Range: 34019–35013

19  Gas initial offer—exceptions for material change of supplier's circumstances, agreement to terminate or withdraw, etc.
  Section 17 and subsection 18(1) do not apply if:
 (a) there has been a material change in the supplier's circumstances resulting in the inability of the supplier to supply regulated gas in accordance with the gas initial offer; or
 (b) all of the following apply:
 (i) there has been a material change in the supplier's financial circumstances or business structure;
 (ii) the change will affect the ability of the supplier to supply regulated gas in accordance with the gas initial offer; or
 (c) a circumstance specified in a determination under subsection 23(1) exists; or
 (d) the supplier and the potential buyer agreed to the withdrawal or termination; or
 (e) the potential buyer gave the supplier written notice, before the end of the gas initial offer open period, that the potential buyer withdraws from the negotiation process.

Division 3—Gas final offers