- (c) require the electricity licensee to pay a financial penalty of an amount not exceeding 10% of the annual turnover of that part of the licensee’s business in respect of which the licensee holds a licence, ascertained from the licensee’s latest audited accounts, or an amount not exceeding $1 million, whichever is higher.
Appeal against revocation, suspension or enforcement
15. Any person who is aggrieved by any decision of the Authority under section 13 or 14 may, within 14 days after the person has been given the notice in writing referred to in those sections, appeal to the Minister whose decision shall be final.
Codes of practice
16.—(1) The Authority may issue or approve one or more codes of practice and other standards of performance for the regulation of activities and conduct in the electricity industry.
(2) A code of practice issued or approved under this section may be modified by the Authority in accordance with the relevant code of practice by notice published in such manner as will secure adequate publicity.
(3) If any provision in any code of practice issued or approved by the Authority is inconsistent with the regulations, such provision, to the extent of the inconsistency—
- (a) shall have effect subject to such regulations; or
- (b) having regard to such regulations, shall not have effect.
(4) Any code of practice issued or approved by the Authority under this section shall be deemed not to be subsidiary legislation.
Direction by Authority
17.—(1) The Authority may give directions for or with respect to codes of practice and other standards of performance and procedures to be observed by electricity licensees and other persons—
- (a) to ensure the reliability of the supply of electricity to the public;
- (b) to ensure the security of the electricity system;
- (c) to maintain the voltage or reactive flow of power through the transmission system;
