Prohibited conduct—electricity spot market (basic case)
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)).
Sourced from the Federal Register of Legislation at 22 May 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au. Verify the current text against the official source before relying on it.
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