This amendment to the Electricity Industry Participation Code 2010 ("Code") comes into force 28 days after the date of the Gazette Notice.

This amendment amends clause 14.41 and Schedule 11.5, which relate to events of default and the process for dealing with events of default in respect of traders. The amendment:

(a) amends the description of an event of default; and

(b) requires the metering equipment provider or providers of a defaulting trader to provide metering related information to the Electricity Authority ("Authority"), if requested by the Authority; and

(c) improves the way the Authority may communicate with customers of a defaulting trader; and

(d) clarifies the Authority's ability to assign customers of a defaulting trader to another trader; and

(e) makes changes to switching activities in respect of installation control points during the trader default process; and

(f) clarifies the clearing manager's role during the trader default process.