The Trustee for Arkana Unit Trust retail exemption

Sector: 
Segment: 
Status: 
Category: 
Registrable exemption
Exemption class: 
R8
Notice status: 
Current notice
Effective date: 
24/05/2016
AER reference: 
AER - R0503/16
Registrant/s: 
  • The Trustee for Arkana Unit Trust / ABN 61 654 997 711
Location: 
Registered business address
16 Beaton Court
Ormeau, QLD 4208
Australia

Overview

The Applicant'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.

Applicable conditions for R8 class exemption

The R8 class exemption applies to energy sales under PPA agreements to commercial customers, and to residential customers where the duration of the PPA is less than 10 years and the customer is able to terminate the agreement early. The Trustee for Arkana Unit Trust has advised it will sell to commercial customers and residential customers to whom it will provide contracts of less than 10 years in length and with exit clauses.