Northern Territory Consolidated Regulations

NATIONAL ELECTRICITY (NORTHERN TERRITORY) (NATIONAL UNIFORM LEGISLATION) (MODIFICATION) REGULATIONS 2016 - REG 10

    (1)     For clause 6.6.1(a1)(1AA) of the National Electricity (NT) Rules, a local event is either of the following:

        (a)     the failure of a retailer during a regulatory control period , to pay a Distribution Network Service Provider an amount to which the provider is entitled for the provision of direct control services , if:

            (i)     an insolvency official has been appointed in respect of that retailer; and

            (ii)     the provider is not entitled to payment of that amount in full under the terms of any local support in respect of that retailer;

        (b)     a circumstance in which the Power and Water Corporation is required to pay any amount under a cost recovery scheme determined by the Utilities Commission under section 44G of the Electricity Reform Act 2000 .

    (2)     In this regulation:

2014 NT Network Price Determination , see the National Electricity (NT) Rules, Chapter 10.

"local support" means credit support as defined in the 2014 NT Network Price Determination, Part B, Schedule 1, clause 1.1.

    (3)     An expression used in subregulation (1) that is italicised has the same meaning as it has in the National Electricity (NT) Rules.