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The Final Decision Paper - Framework for Gas Retailer Insolvency Arrangements published on 27 May 2015 followed consultation with industry participants and completes the policy development process for this work stream.
The Paper:
- responds to submissions received regarding the drafting instructions
- provides a template for drafting instructions that can be tailored to the specific circumstances of a retailer insolvency; and
- sets out the steps that Gas Industry Co will take should a retailer insolvency occur, including steps that have been enabled by amendments to the Gas (Switching Arrangements) Rules 2008 and the Gas (Downstream Reconciliation) Rules 2008.