Statement of Policy with respect to Financial Penalties and Consumer Redress
- Content:
- Guidance
- Publication date:
- Last updated:
- Industry sector:
- Supply and Retail Market
Under the Gas Act 1986 and Electricity Act 1989 the Authority may impose a financial penalty and/or a consumer redress order. This statement gives the factors that the Authority will normally consider when:
- deciding whether or not to impose a financial penalty and/or a consumer redress order
- determining the amount of any financial penalty
- determining the requirements of any consumer redress order.