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Primary Settlement Nomination for Multiple Participant ID's

Primary Settlement Nomination for Multiple Participant ID's

Within AEMO’s systems, each company are represented by a Participant ID. This identifier is assigned upon initial registration, and becomes a persistent attribute throughout the processes used by AEMO.

Under circumstances of company mergers and acquisitions, a company may be responsible more than one Participant ID. AEMO’s settlement system will issue a statement for each Participant ID, which can require a single company to settle multiple transactions.

AEMO has developed this procedure to enable companies with multiple Participant ID’s to nominate a single primary identifier, which is used for settlement. All other Participant ID’s continue to have statements issued as normal, however all statement amounts are reassigned to the primary identifier.

No action is required for companies that only have a single active Participant ID.

For further information on this document, please contact: Chris Muffett, Metering and Settlements.

Primary Settlement Nomination for Multiple Participant ID's
16 Nov 2009 | filename: 0500-0007.pdf