Examples of Trading Participants in a sentence
A contingency gas offer must be submitted in good faith and represent the Trading Participant's best estimate of the quantity of contingency gas it expects to be able to provide at the hub on that gas day should AEMO schedule that contingency gas.
AEMO must publish the details specified in subrule (2)(b) as soon as practicable after it has made those details available to Trading Participants.
The amount of compensation agreed or determined under rule 455 to be payable to one or more Trading Participants is limited to the amount necessary to ensure that the aggregate amount of compensation payable from the relevant participant compensation fund immediately after that agreement or determination does not exceed the balance of that participant compensation fund.
Trading Participants are not entitled to a refund of any contributions made to a participant compensation fund.
AEMO must pay the amounts paid by Trading Participants under subrule (6) into the relevant participant compensation fund.
The Trading Participants must undertake all reasonable steps to verify that this requirement is met and retain copies of all relevant documentary evidence relied on by the Trading Participants in its verification process.
If a Trading Participant is subject to a condition restricting the confirmation of a contingency gas bid for the relevant gas day under rule 487 or 488, that Trading Participant need not comply with subrule (2), and AEMO must not schedule that Trading Participant's contingency gas bid.
AEMO must make a determination under subrule (1) on the basis of the information provided to it by STTM facility operators, STTM distributors and Trading Participants under this Subdivision and must publish its determination as soon as practicable.
If a Trading Participant does not confirm or revise a quantity of contingency gas under subrule (2), AEMO must record that Trading Participant's contingency gas offer or contingency gas bid as unavailable and must not schedule it.
AEMO must acknowledge receipt of all ex ante offers, ex ante bids and price taker bids submitted by Trading Participants as soon as practicable after receipt.