Part 2
Electricity industry governance
Who does what:
Industry participants and specified persons
10Exemption from obligation to register
Despite section 9(1)(a), an industry participant need not register if—
- it is a member of a class of industry participants identified in regulations made under section 110 as a class of industry participants that is exempt from the obligation to register; or
- the Authority exempts the participant by issuing an individual exemption notice
that—- identifies the industry participant that is exempt from the obligation to register; and
- gives reasons for the exemption.
- identifies the industry participant that is exempt from the obligation to register; and
The Authority may grant an individual exemption to an industry participant only if the Authority is satisfied that—
- it is not necessary, for the purpose of achieving the Authority's objectives under section 15, for the participant to be registered; and
- exempting the participant will reduce overall administration and compliance costs.
The Authority may amend or revoke an individual exemption, by issuing a notice
that identifies the exempt participant and gives reasons for the amendment or revocation, but only if the Authority—- has given notice of the proposed amendment or revocation to the exempt participant and given the participant a reasonable opportunity to comment on the proposal; and
- is satisfied that—
- the amendment or revocation is necessary or desirable for the purpose of achieving the Authority's objectives under section 15; and
- the benefit of the amendment or revocation outweighs any disadvantage resulting from any increased administration and compliance costs.
- the amendment or revocation is necessary or desirable for the purpose of achieving the Authority's objectives under section 15; and
A notice issued under subsection (1)(b) or (3) must be published in the Gazette.
The Authority must publicise a list of all current class and individual exemptions.
Notes
- Section 10(1)(b): amended, on , by section 8(2) of the Electricity Industry Amendment Act 2022 (2022 No 46).
- Section 10(2)(a): amended, on , by section 8(1) of the Electricity Industry Amendment Act 2022 (2022 No 46).
- Section 10(3): amended, on , by section 8(2) of the Electricity Industry Amendment Act 2022 (2022 No 46).
- Section 10(3)(b)(i): amended, on , by section 8(1) of the Electricity Industry Amendment Act 2022 (2022 No 46).
- Section 10(4): replaced, on , by section 8(3) of the Electricity Industry Amendment Act 2022 (2022 No 46).