Wholesale acquisitions
32 Wholesale acquisitions
A wholesale acquisition is an acquisition of electricity from:
AEMO or a person or body prescribed by the regulations; or
a person who did not acquire it from another person.
To avoid doubt, subsection (1) does not apply where an end user acquires electricity from the person who generated the electricity and subsection 33(2) applies to create a notional wholesale acquisition in connection with that acquisition.
If there is a wholesale acquisition of electricity under this section, then no other acquisition in relation to that electricity is a relevant acquisition (regardless of when the other acquisition occurs).
This provision refers to the regulations (prescribed by the regulations
). Made under this Act:
- Renewable Energy (Electricity) Regulations 2001 · under s 161
This Act’s bill:Explanatory memorandumSecond reading speech
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.