Scheme coordinator
14 Scheme coordinator
The Minister may appoint a person as a scheme coordinator in respect of the scheme by entering into a scheme coordinator agreement with the person.
The Minister may only enter into a scheme coordinator agreement with a person if the Minister is satisfied that the person – has the knowledge, skills and experience required of a scheme coordinator; and has the financial capacity to be a scheme coordinator; and is a fit and proper person within the meaning of section 16; and has not been appointed as a network operator; and does not share a relevant commercial interest, or hold a relevant position, with a network operator or an associate of a network operator; and has met any other requirements prescribed in the regulations in respect of a scheme coordinator.
A person ceases to be appointed as a scheme coordinator when the first of the following occurs:the person’s appointment as scheme coordinator is cancelled under section 18; the scheme coordinator agreement, in force in respect of the person, expires or terminates.
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