Commonwealth Consolidated Acts

COMPETITION AND CONSUMER ACT 2010 - SECT 153G

    A corporation contravenes this section if:

  (a)   the corporation:

  (i)   bids or offers to supply electricity in relation to an electricity spot market; or

  (ii)   fails to bid or offer to supply electricity in relation to an electricity spot market; and

  (b)   the corporation does so:

  (i)   fraudulently, dishonestly or in bad faith; or

  (ii)   for the purpose of distorting or manipulating prices in that electricity spot market.

Note 1:   The Treasurer cannot make a contracting order in respect of a contravention of this section (see paragraph   153W(e)).

Note 2:   The Treasurer cannot apply for a divestiture order in respect of a contravention of this section (see paragraph   153ZA(e)).