The panel convened and chaired by the Energy Commission under Rule 7.3 of Single Buyer Market Rules of the Guidelines to oversee the compliance of the Single Buyer with the Single Buyer Market Rules.
The functions of the Single Buyer Oversight Panel shall include, but not be limited to:
overseeing the compliance of the Single Buyer to the Single Buyer Market Rules;
providing advice and issuing guidance to the Single Buyer and Participants on achieving compliance with the Single Buyer Market Rules;
reviewing suggestions for amendments to the Single Buyer Market Rules as required by the Rule Change Panel or Energy Commission;
recommending changes to procedures and the Single Buyer Market Rules where it considers that the recommended change would better facilitate the objectives set out in Rule 4.2 of the Single Buyer Market Rules; and
assisting the Energy Commission in selecting and appointing an external auditor to assess the compliance with under Rule 7.4.3 of the Single Buyer Market Rules.
