Explanatory note

This amendment to the Electricity Industry Participation Code 2010 comes into force on 1 November 2014.

The amendment amends subpart 6 of Part 13 of the Code to effectively facilitate FTR reconfiguration auctions. An FTR reconfiguration auction is an FTR auction that allows a holder of an FTR to offer for sale a portion of the FTR expressed in terms of all or a specified amount of the electricity to which the FTR relates.


Legislative information

Title Electricity Industry Participation (FTR Reconfiguration Auctions) Code Amendment 2014
Principal or amendment Amendment
Consolidated version No
Empowering Act and provisions Electricity Industry Act 2010, section 38
Replacement empowering Act and provisions Not applicable
Maker name Electricity Authority
Administering agency Electricity Authority
Date made 7 May 2014
Notification date 15 May 2014
Commencement date 1 November 2014
End date Not applicable
Consolidation as at date Not applicable
Related instruments Electricity Industry Participation Code 2010