Part 14 - Clearing and settlement

Part 14 provides for: the sale and purchase of electricity to and from the clearing manager, how the clearing manager calculates and invoices amounts owing to and by the clearing manager for electricity, ancillary services, FTRs and other payments, the settlement of amounts payable, processes and remedies for an event of default, and the obligations of the clearing manager in relation to clearing and settlement, including reporting and the operation of an operating account.

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