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Subregulation 2

Electricity (Control of Designated Electricity Licensees, etc., under Part 4A) Regulations

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An application for approval under section 30B(3A) of the Act must —(a)be made by the divesting party; and(b)contain any information that the Authority may require, including —(i)the name, address and contact information of —(A)the divesting party; and(B)where the person mentioned in sub-paragraph (A) is an entity, a director or other officer of that person;(ii)any anticipated significant changes in the management or operations of the designated electricity licensee, the designated entity or the designated business trust;(iii)the percentage of equity interest held by the divesting party;(iv)the percentage of voting power controlled by the divesting party;(v)any special or preferential rights that have already been granted to the divesting party;(vi)the percentage of equity interest the divesting party will hold if the application is approved;(vii)the percentage of voting power the divesting party will control if the application is approved; and(viii)any special or preferential rights that will be granted to the divesting party if the application is approved.

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