185
In forceSurrender of generation authorities
Chapter 9Authorities and approvals
Part 1Generation authorities
Division 4Surrender of generation authority
185 Surrender of generation authorities
(1)
A generation entity may surrender its authority by giving the regulator written notice of surrender.
(2)
The notice must be given to the regulator at least—
(a)
6 months before it is to take effect; or
(b)
if the authority requires a longer period of notice—the required period of notice before it is to take effect.
(3)
However, the regulator may agree to a shorter period of notice in a particular case.
This Act’s bill:Explanatory memorandum
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