Code amendments
Electricity Industry Participation Code Amendment (Trading Conduct Provisions) 2021
Downloads
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Electricity Industry Participation Code Amendment (Trading Conduct Provisions) 202130 June 2021, 3 pages
Related documents
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Wholesale markets - Trading conduct - Decision paper1 June 2021, 31 pages
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Wholesale markets - Trading conduct - Consultation paper9 February 2021, 49 pages
Explanatory note
This amendment to the Electricity Industry Participation Code 2010 (Code) comes into force on 30 June 2021.
The amendment replaces clauses 13.5A with a new clause 13.5A and repeals clause 13.5B in Part 13 of the Code and makes a change to Part 1 of the Code to repeal the definition of "pivotal". The purpose of the amendment is to provide trading conduct provisions which are clearer than the current high standard of trading conduct provisions by identifying the conduct required of generators and ancillary service agents when an offer or reserve offer is submitted or revised. The amendment also removes the safe harbour provisions.
Legislative information
| Title | Electricity Industry Participation Code Amendment (Trading Conduct Provisions) 2021 |
|---|---|
| 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 | 11 May 2021 |
| Notification date | 1 June 2021 |
| Commencement date | 30 June 2021 |
| End date | Not applicable |
| Consolidation as at date | Not applicable |
| Related instruments | Electricity Industry Participation Code 2010 |