(1) If the commission considers that it is not in the public interest for a supply contract to remain in force, the commission must give each party to the supply contract a written notice—
(a) stating the reasons why the commission considers that it is not in the public interest for the contract to remain in force; and
(b) telling the party that the party may, not later than 3 weeks after the day the party is given the notice, give a response to the commission about the notice.
(2) In deciding whether or not it is in the public interest for a supply contract to remain in force, the commission must consider—
(a) whether each party to the supply contract is an eligible person; and
(b) the operation of the supply contract.
(3) The commission may also consider any other relevant matter.
(4) The commission may require a party to a supply contract to give the commission information the commission reasonably needs for exercising its function under this section.