(1) The Minister may grant or renew a licence to a generation company of any area of land in the Falls Creek Alpine Resort which is used for the purposes of the generation of electricity for supply or sale.
(2) A licence under subsection (1)—
(a) must be granted in writing; and
(b) is subject to the terms and conditions determined by the Minister.
S. 10(3) amended by No. 69/2000 s. 46(2).
(3) In this section, "generation company" has the same meaning as in the Electricity Industry Act 2000 .