Morgan Macquarie Investments Pty Ltd retail exemption

Exemption
Sector: 
Electricity
Segment: 
Retail
Region: 
Queensland
New South Wales
Australian Capital Territory
South Australia
Tasmania
Status: 
Current
Category: 
Registrable exemption
Exemption class: 
R8
Notice status: 
Current notice
Effective date: 
21/04/2021
AER reference: 
E-6900
Registrant/s: 
  • Morgan Macquarie Investments PTY LTD ATF the Morgan Macquarie Investment Trust / ABN 42 773 250 244
Location: 
Registered business address
55 Tulip Street
Sandringham, VIC 3199
Australia

Overview

The Registrant's exemption from the requirement to hold a retailer authorisation under the National Energy Retail Law has now come into effect. The exemption is provided for in the AER's Exempt Selling Guideline and is subject to a number of conditions attached to the R8 class exemption.

You can search for the most recent version of the Exempt Selling Guideline on the Retail guidelines page.

Classes of retail exemption and applicable conditions

The R8 class exemption applies to energy sales under power purchase agreements (PPAs) to commercial customers, and to residential customers where the duration of the PPA is less than 10 years and the customer is able terminate the agreement early.

The Registrant confirms they will only offer PPAs to business customers.