Electricity system and market rules do not affect existing agreements
140 Electricity system and market rules do not affect existing agreements
The making or amendment of the electricity system and market rules —
does not affect the terms and conditions, or the operation, of an agreement or arrangement in operation under a relevant instrument immediately before a day specified in the electricity system and market rules for that purpose; and
does not afford a party to the agreement or arrangement any ground or reason for not complying with the agreement according to its terms and conditions.
Subsection (1)(a) or (b) does not apply to an agreement or arrangement to the extent that the electricity system and market rules or the agreement or arrangement or an enactment provides otherwise.
[Section 140 inserted: No. 1 of 2024 s. 38.]
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