(1)  A retailer of last resort contract terminates when the first of the following events occurs:

(a) the affected customer is supplied with electricity under a contract with a retailer in respect of the single site covered by the retailer of last resort contract;

(b) the electricity supply to the single site covered by the retailer of last resort contract is disconnected;

(c) the period of 3 months, commencing on the day on which the retailer of last resort contract is established, expires.

(2)  The termination of a retailer of last resort contract does not affect any obligations, rights or liabilities arising out of or accrued under that contract.

Displayed and numbered in accordance with the Rules Publication Act 1953 .

Notified in the Gazette on 3 August 2005

These regulations are administered in the Department of Treasury and Finance.

EXPLANATORY NOTE

(This note is not part of the regulation)

These regulations prescribe –

(a) when a person is a contestable customer; and

(b) when a fallback contract comes into effect and the details of the contract; and

(c) when a retailer of last resort contract comes into effect and the details of the contract.