Section 79 Electricity Act 2023

Section 79 of the Electricity Act 2023 is about Provision where no purchase takes place. It is under Part VI (Licensing) of the Act.

(1) If the undertaking is not sold in the manner provided under section 77 of this Act, the Commission may, to protect the interest of consumers or in the public interest, issue such directions or formulate such scheme as it may deem necessary for operation of the undertaking.

(2) The Commission shall give due regard to its relevant regulation on business continuity in issuing —
(a) an order for sale of undertaking under section 75 (6); and
(b) directions or formulating a scheme under subsection (1) which may be necessary for the operation of the undertaking of the licensee where no purchase of the undertaking takes place.

(3) For the purpose of sections 77, 78, and 79 (1) and (2) of this Act, the Commission shall make such regulations on business and service continuity for the NESI in order to ensure that the interests of licensees and that of customers are protected.