In force2020 Revised Edition

Contents

Electricity Act 2001 · 2020 Revised Edition · Part 3 · Licensing of Activities Relating to Electricity

13. Revocation or suspension of electricity licence

(1)

Subsection (2) applies if the Authority is satisfied that —

(a)

an electricity licensee has gone into compulsory liquidation or voluntary liquidation other than for the purpose of amalgamation or reconstruction;

(b)

any circumstance specified in an electricity licence that gives rise to the Authority’s power to revoke or suspend the licence exists;

(c)

an electricity licensee has not complied with any direction or requirement issued by the Authority under section 14;

(d)

an electricity licensee is no longer in a position to operate in conformity with this Act or the terms and conditions of its electricity licence; or

(e)

the public interest or security of Singapore requires.

(2)

The Authority may, by written notice and without any compensation —

(a)

revoke an electricity licence or suspend an electricity licence for such period as the Authority thinks fit; and (b)in the case of subsection (1)(b) or (c), require the payment of a financial penalty, in addition to the imposition of any sanction under section 14, of an amount not exceeding 10% of the annual turnover of that part of an electricity licensee’s business in respect of which the licensee holds a licence, ascertained from the licensee’s latest audited accounts, or an amount not exceeding $1 million, whichever is higher.