Section 66: System operation licence.

(1) Subject to such terms and conditions as the Commission may fix in the licence, a system operation licence shall authorise the licensee to carry on system operation, including, but not limited to, the following activities as may be specified in the licence:
(a) generation scheduling, commitment and dispatch;
(b) transmission scheduling and generation outage co-ordination;
(c) transmission congestion management;
(d) international transmission co-ordination;
(e) procurement and scheduling of ancillary services and system planning for long term capacity;
(f) administration of the wholesale electricity market, including the activity of administration of settlement payments, in accordance with the market rules; and
(g) such other activities as may be required for reliable and efficient system operation.
(2) All contracts for procuring ancillary services shall be awarded according to an open transparent and competitive manner, pursuant to a procedure established by the Commission, unless the circumstances require otherwise and the Commission allows or requires an alternative method.