(1) The Authority may,
in consultation with the committee, approve a code of conduct under this
section.
(2) The code of
conduct is to regulate and control the conduct of —
(a) the
holders of retail licences, distribution licences and integrated regional
licences; and
(b)
electricity marketing agents,
with the object
of —
(c)
defining standards of conduct in the supply and marketing of electricity to
customers; and
(d)
protecting customers from undesirable marketing conduct.
(3) The code of
conduct may contain such ancillary and incidental provisions as are necessary
or expedient for the purposes of subsection (2).
(4) In the case of the
initial code of conduct, subsection (1) has effect subject to
Schedule 3 clause 1.