Tasmanian Numbered Regulations
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ELECTRICITY SUPPLY INDUSTRY (TARIFF CUSTOMERS) REGULATIONS 2008 (S.R. 2008, NO. 79) - REG 12
Return of security
(1) In this regulation satisfactory payment , in relation to
the payment of an electricity account, means that the account is fully
paid (a) no later than 5 business days after the due date for
payment specified in the account; or
(b) no later than the number of business
days, as agreed between the electricity retailer and the customer, after the
due date for payment specified in the account; or
(c) in accordance with a
payment plan agreed to under regulation 19 .
(2) An electricity retailer must return a tariff customer's security
deposit, refundable advance or guarantee to the customer, together with
accrued interest, within 10 business days after any of the following events
occurs: (a) the customer completes 2 years of satisfactory payment of
electricity accounts;
(b) the customer is no longer a tariff customer and he
or she has paid any amount owed to the electricity retailer;
(c) the
electricity retailer ceases the sale and supply of electricity to the customer
and the customer has paid any amount owed to the electricity retailer.
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