Conversion of customer retail contracts for particular small customers to standard contracts
325 Conversion of customer retail contracts for particular small customers to standard contracts
This section applies on the FRC day if—
immediately before that day, a customer retail contract under the pre-amended Act (the existing contract) was in force between a customer and a retailer for the provision of customer retail services to premises; and
under the post-amended Act the customer is a small customer for the premises; and
notified prices applied to the customer for the provision of the services to the premises.
The existing contract ends.
The ending of the existing contract does not affect rights or obligations accrued under it before the FRC day.
The customer and the retailer are, under new section 204, taken to have entered into a standard retail contract for the provision of the services to the premises.
New sections 204 and 207 apply to the standard retail contract as if it were a contract taken to have been entered into under that section.
This Act’s bill:Explanatory memorandum
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