This note is not part of the amendment, but is intended to indicate its general effect.

This amendment to the Electricity Industry Participation Code 2010 comes into force on 19 May 2023.

The amendment revokes and replaces the current subpart 7 of Part 13 of the Electricity Industry Participation Code 2010 (“Code”) (inserted as a result of a 2022 urgent Code amendment). The new subpart places certain restrictions on generators giving effect to materially large contracts entered into, extended or modified on or after the date the amendment comes into force. The amendment also provides for disclosure of materially large contracts and additional material, an ability for generators to seek Authority clearance of materially large contracts, and reconsideration and appeal of Authority clearance decisions.