Section 153A — Competition and Consumer Act 2010: Simplified outline of this Part

This Part deals with prohibited conduct by corporations in relation to electricity. It ceases to be in force on 1 January 2031. Division 2 of this Part sets out the circumstances in which a corporation engages in prohibited conduct. Responses to a corporation engaging in prohibited conduct include the following: (a) the Commission may issue a public warning notice; (b) the Commission may give the corporation an infringement notice; (c) the Commission may give the corporation a prohibited conduct notice that sets out proposed orders (and the Commission may later give the Treasurer a prohibited conduct recommendation that recommends orders); (d) if the Commission has given the Treasurer a prohibited conduct recommendation, the Treasurer may: (i) make a contracting order that requires making offers to enter into electricity financial contracts; and (ii) apply to the Court for a divestiture order that requires divestment of interests in assets and securities.