47. Penalties under market rules

Terms defined in this Act

• Market Company

  Market Company

  Defined · s 42

  “Market Company” means the company which holds an electricity licence authorising it to operate any wholesale electricity market.

  Open s 42
• market rules

  market rules

  Defined · s 2

  “market rules” means the rules made or modified under section 46;

  Open s 2
• market support services

  market support services

  Defined · s 2

  “market support services” means any of the following activities in connection with the supply of electricity: (a)the reading of the register of any electricity meter and the management of data relating to meter reading;(b)the facilitation of access to any wholesale electricity market for the purposes of obtaining supply of electricity for contestable consumers and retail electricity licensees;(c)the provision of customer transfer services for retail electricity licensees and consumers to facilitate the transfer of contestable consumers between one retail electricity licensee and another or between retail electricity licensees and market support services licensees;(d)the provision of other services related to access to any wholesale electricity market and the retail electricity market; and(e)the supply and sale of electricity to non‑contestable consumers;

  Open s 2