Singapore legislation
Clause 43
Clause 43
Functions and powers of Market Company
(1)
The functions of the Market Company are, subject to and in accordance with this Act, its electricity licence and the constituent documents —
to operate and administer any wholesale electricity market specified in its licence;
to schedule generating units, loads and the transmission system;
to facilitate the planning and augmentation of the transmission system;
to provide information and other services to facilitate decisions for investment and the use of resources in the electricity industry; and
to exercise and perform any other powers and duties assigned to the Market Company under this Act, its licence, the market rules and any code of practice.
(2)
The Market Company may engage in any business, undertaking or activity incidental to the performance of its functions.