Regulatory Instruments definition
Examples of Regulatory Instruments in a sentence
The Regulatory Instruments contain a number of restrictions on when and how we may disconnect customers’ premises, including requirements for notices.
If the User wishes to connect such an embedded network to the Distribution System it must make an application to the Service Provider, in accordance with all applicable Regulatory Instruments, and enter into a connection agreement with the Service Provider.
Compliance AusNet Services’ obligations AusNet Services must: comply with its Distribution Licence and all Applicable Laws with which it is required to comply as a condition of its Distribution Licence; use reasonable endeavours to achieve consistency with benchmark performance standards as set by good electricity industry practice; and comply with the National Electricity Law, the National Electricity Rules and any other applicable Regulatory Instruments.
The parties acknowledge that the Regulatory Instruments to which this Agreement is subject may be the subject of ongoing changes and that those changes may in turn require amendments to be made to this Agreement.
The parties agree to negotiate in good faith any amendments to this Agreement that may be reasonably required as a consequence of any changes to the Regulatory Instruments or in light of commercial experience.
The Service Provider shall indemnify the User against Claims arising from, or incurred by the User as a consequence of, any action taken by the User under this clause 11 to enforce the Service Provider’s rights at the request of the Service Provider, except to the extent that the Claim arises from the negligent or reckless act or omission of the User or from any breach or non-observance by the User of this Agreement or the Regulatory Instruments.
Nothing in this clause 11 is intended to affect or impose on the User any of the Service Provider’s rights or obligations under the Regulatory Instruments.
Notwithstanding any other provision of this Agreement, each party will comply with the obligations imposed on that party by the Regulatory Instruments.
Except to the extent not permitted by relevant Regulatory Instruments, information required to be provided under clause 9.2(a) may be provided by being published on a website maintained by or on behalf of the Service Provider.
The Service Provider must notify the User where it makes a Guaranteed Service Level payment directly to a Customer under the Regulatory Instruments.