providing a copy of an amended trust deed, with the amendments noted as soon as practicable to the Commission in the situation where a Trust of a consumer-owned EDB amends its trust deed at a future date
that the ward boundaries of ward based consumer-owned EDBs be reviewed no later than 5 years after 1 January 2011 and, after that, at intervals of no more than 5 years, in consultation with all consumers of the supplier
if the supplier becomes aware that it ceases to meet the definition of consumer-owned, the supplier has a statutory obligation to notify the Commission within 10 working days.
If a consumer-owned EDB has difficulty meeting any of these requirements they should contact the Commission.
Can other EDBs be consumer-owned?
If an EDB, other than those listed above, consider that it is consumer-owned, it must provide to the Commission a signed copy of the 'Statutory declaration that a supplier is consumer-owned' together with a complete copy of its current trust deed of the Trust.
The Commission will then assess the declaration and trust deed. If the EDB meets the consumer-owned criteria the Commission will notify the EDB of its status.