repeal, insert
(1) A licence authorising the selling of electricity authorises the electricity entity to do the following under the terms of the licence:
(a) to trade in electricity;
(b) subject to subsection (2), to retail electricity to customers.
(2) A licence authorising the selling of electricity does not authorise an electricity entity that is an electricity retailer to sell electricity to retail customers after the transfer date if a RoLR transfer event has occurred in relation to the electricity retailer.
(3) A licence authorising the selling of electricity does not authorise an electricity entity to have access to an electricity network other than in accordance with a connection agreement with the electricity entity licensed to operate the electricity network.