Victorian Numbered Acts

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NATIONAL ENERGY RETAIL LAW (VICTORIA) ACT 2024 (NO. 18 OF 2024) - SECT 19

Definitions

In section 3 of the Electricity Industry Act 2000

        (a)     insert the following definitions—

""associate", in relation to a failed retailer, has the same meaning it would have under Division 2 of Part 1.2 of the Corporations Act if sections 13, 16(2) and 17 did not form part of that Act;

"failed retailer" has the same meaning as in section 122 of the National Energy Retail Law (Victoria);

"insolvency official" has the same meaning as in section 122 of the National Energy Retail Law (Victoria);

"national retailer" has the same meaning as in section 122 of the National Energy Retail Law (Victoria);

"retail licence" means a licence to sell electricity otherwise than through a wholesale electricity market;

"RoLR event" has the same meaning as in section 122 of the National Energy Retail Law (Victoria);";

        (b)     for the definition of wholesale electricity market substitute

""wholesale electricity market" has the same meaning as in the National Electricity (Victoria) Law.".



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