(1) In section 19(1) of the Electricity Industry Act 2000 , for "subsections (2) and (3)" substitute "subsection (2)".
(2) After section 19(4) of the Electricity Industry Act 2000 insert —
"(5) The Commission may refuse to grant an application for the issue of a licence if the applicant is a failed retailer or an associate of a failed retailer.
(5A) Without limiting subsection (5), the Commission may refuse to grant an application for the issue of a licence until the applicant pays a proportion or the whole of the costs of a prior RoLR event as determined by the AER under section 170 of the National Energy Retail Law (Victoria).".