Schedule 1.1 cl 1.5(2)
Notice of
assumption of rights and obligations under Parts 8, 13, 14, and 14A of the
Electricity Industry Participation Code 2010
Heading: amended, on 24 March 2015, by clause 5(1) of the Electricity Industry Participation (Settlement and Prudential Security) Code Amendment 2013.
1. _____________________________________________________(participant
A) gives notice to the Electricity Authority under clause 1.5(2) of the Electricity
Industry Participation Code 2010 that it will assume all rights and obligations
of _________________________ (participant B) under Parts 8, 13, 14, and
14A of the Electricity Industry Participation Code 2010 in participant B's
capacity as a purchaser and as a participant that incurs financial obligations
under that Code or owes an amount to the clearing manager.
2. The notice given under clause 1 will, if
approved by the Electricity Authority under clause 1.5(4) of the Electricity
Industry Participation Code 2010, take effect from the first trading period on __________________________
and will continue until it is revoked by participant A or participant B under
clause 1.5(5) of the Electricity Industry Participation Code 2010.
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SIGNED for and on behalf of _______________________________ by |
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[insert name] |
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[insert
occupation] |
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[insert date] |
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SIGNED for and on behalf of ______________________________by |
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[insert name] |
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[insert
occupation] |
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[insert date] |
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Compare: Electricity Governance Rules 2003 schedule A1 part A
Schedule
1.1: amended, on 24 March 2015, by clause 5(2) of the Electricity Industry
Participation (Settlement and Prudential Security) Code Amendment 2013.
Schedule 1.1: amended, on 5 October
2017, by clause 6 of the Electricity Industry Participation Code Amendment
(Code Review Programme) 2017.
Schedule 1.2 cl 1.5(5)
Revocation of
notice of assumption of rights and obligations under Parts 8, 13, 14, and 14A of
the Electricity Industry Participation Code 2010
Heading: amended, on 24 March 2015, by clause 6(1) of the Electricity Industry Participation (Settlement and Prudential Security) Code Amendment 2013.
1. ___________________________________________
gives notice to the Electricity Authority that the notice given to the Authority
under clause 1.5(2) of the Electricity Industry Participation Code 2010 by
_______________________________ (participant A) on ________________________that
it would assume all rights and obligations under Parts 8, 13, 14, and 14A of
the Electricity Industry Participation Code 2010 of
__________________________________ (participant B) in participant B’s capacity
as a purchaser and as a participant that incurs financial obligations under that
Code or owes an amount to the clearing manager is revoked.
2. The revocation under clause 1 will take
effect from the first trading period on _________________________.
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SIGNED for and on behalf of _______________________________by |
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[insert name] |
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[insert
occupation] |
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[insert date] |
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SIGNED for and on behalf of _______________________________ by |
) |
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[insert
name] |
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[insert
occupation] |
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[insert date] |
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Compare: Electricity Governance
Rules 2003 schedule A2 part A
Schedule
1.2: amended, on 24 March 2015, by clause 6(2) of the Electricity Industry
Participation (Settlement and Prudential Security) Code Amendment 2013.
Schedule 1.2: amended, on 5 October
2017, by clause 7 of the Electricity Industry Participation Code Amendment
(Code Review Programme) 2017.