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 _________________________.

 

SIGNED for and on behalf of

_______________________________by
(participant A)

)
)

 

 

 

 

[insert name]

 

 

 

[insert occupation]

 

 

 

[insert date]

 

 

 

 

SIGNED for and on behalf of

_______________________________ by
(participant B)

)
)

 

 

 

 

[insert name]

 

 

 

[insert occupation]

 

 

 

[insert date]

 

 

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.