Tuesday, 23 October 2018
NEWS

Market Administration, Monitoring and Enforcing

WITHDRAWAL OF MARKET PARTICIPANT:
The participation of a Market Participant will end only under the following conditions:
(i) For a generator, participation can only end if PPA expires or end due to default ending up in termination; and

(ii) For a distribution company, participation is subject only to provisions in PPAA while the agency agreement remains valid and effective, participation cannot end.

Notwithstanding the above, the Market Participant shall remain liable for all its obligation: and liabilities as a Market Participant that incurred or arose prior to the date of withdrawal.

CPPA-G FUNCTIONS:

RESPONSIBILITY FOR COMMERCIAL CODE
CPPA-G is responsible for the administration, maintenance and implementation of the Commercial Code, supervision of compliance by Market Participants and performing such functions as provided in Schedule II of the Market Rules.