238
In forceRegulator’s power to make plan
Chapter 4Sufficiency of supply
Part 2Contingency supply plans
238 Regulator’s power to make plan
(1)
If, in contravention of section 237, an industry participant does not make a contingency supply plan, the regulator may, by notice to the participant, make the plan for the participant.
(2)
However, before making the plan, the regulator must give the industry participant—
(a)
a proposed plan; and
(b)
a reasonable opportunity to make submissions to the regulator about the proposed plan.
(3)
This section does not prevent the industry participant from making another contingency supply plan or amending the plan made by the regulator if the other plan or amended plan complies with the content requirements.
This Act’s bill:Explanatory memorandum
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