Section 41 of the Principal Act is amended as follows:

(a) by omitting from subsection (1) "tariff or charge" first occurring and substituting "standing offer price" ;

(b) by omitting from subsection (1) "tariff or charge" second occurring and substituting "standing offer price" ;

(c) by omitting from subsection (1)(a) "tariff or charge" twice occurring and substituting "standing offer price" ;

(d) by omitting from subsection (1)(b) "tariff or charge" three times occurring and substituting "standing offer price" ;

(e) by omitting from subsection (2) "Aurora Retail" and substituting "A regulated offer retailer" ;

(f) by omitting from subsection (2) "tariff or charge" twice occurring and substituting "standing offer price" ;

(g) by omitting from subsection (3) "tariff or charge" first occurring and substituting "standing offer price" ;

(h) by omitting from subsection (3) "tariff or charge" second occurring and substituting "standing offer price" ;

(i) by omitting from subsection (3)(a) "tariff or charge" twice occurring and substituting "standing offer price" ;

(j) by omitting from subsection (3)(b) "tariff or charge" twice occurring and substituting "standing offer price" ;

(k) by omitting from subsection (3)(c) "tariff or charge" first occurring and substituting "standing offer price" ;

(l) by omitting from subsection (3)(c) "tariff or charge" second occurring and substituting "standing offer price" ;

(m) by inserting the following subsection after subsection (3) :

(4)  The Regulator may only approve the draft standing offer prices, that are to be fixed by a regulated offer retailer under section 40 in accordance with a determination that specifies, in accordance with regulations made for the purposes of section 40AC , a pricing structure for such prices, if the prices are in accordance with the pricing structure.