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← Electricity Act 2001

Electricity Act 2001 s 49

s 49 Market rules have force of contract

49.—(1) The market rules have the effect of a contract between each market participant and the Market Company. (2) Each market participant and the Market Company are deemed to have entered into a contract with one another under which each market participant and the Market Company severally agree to perform and observe the market rules as far as they are applicable to each market participant and the Market Company as provided for in the market rules.

Read this section in the full act → · Open PART 6 →

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. Read the official text ↗

Source: Singapore Statutes Online (Attorney-General's Chambers), © Government of Singapore.

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