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Electricity Industry Act 2010

Electricity industry governance - Electricity Industry Participation Code - Making and amending Code

40A: Revocation of urgent amendments

You could also call this:

“Cancelling emergency rule changes when they're no longer needed”

The Authority can cancel a change they made to the rules in an emergency without following the usual process. They can do this if they think the emergency that caused the change is over or has changed a lot. They also need to think that keeping the change is not needed anymore.

When the Authority cancels a change like this, they must tell everyone about it. They need to explain why they think the emergency is over or has changed, and why the change is not needed anymore. They have to publish this information for everyone to see.

This kind of cancellation doesn’t have to follow some of the normal rules for changing the Code. The Authority can do it more quickly and easily than usual changes.

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Topics:
Business > Industry rules Environment and resources > Climate and energy
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40: Urgent amendments to Code, or

"Quick changes to electricity rules for important reasons"

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Part 2 Electricity industry governance
Electricity Industry Participation Code: Making and amending Code

40ARevocation of urgent amendments

  1. The Authority may revoke an amendment made under section 40 without complying with section 39(1) if—

  2. the Authority considers that the circumstances that gave rise to the amendment no longer exist or have changed significantly; and
    1. the Authority considers that, as a result, the continued application of the amendment is not required.

      1. A revocation made under this section—

      2. must be published (as required under section 33) with a statement of the Authority’s reasons why the criteria in subsection (1) are met; and
        1. is not subject to section 38(4).

          Notes
          • Section 40A: inserted, on , by section 17 of the Electricity Industry Amendment Act 2022 (2022 No 46).