Electricity Law

1. The Authority shall prepare a structural framework for the license and the issuance thereof and shall assume all relevant matters. 2. No electricity activity may be carried out without a license. 3. Notwithstanding paragraph (2) of this Article and subject to the regulations, the Authority may issue an exemption for engaging in certain electricity activities. 4. License applications shall be filed with the Authority. The license shall be issued within 30 business days from the date the application is completed and the requirements are satisfied. If the application is rejected, the decision must be reasoned. In case of rejection or failure to render a decision within 30 business days, the applicant may appeal before the Administrative Court. 5. The licensee may not, without obtaining the Authority’s written permission, assign his license or transfer ownership of licensed assets, whether through sale, pledge, or through any other means. The Authority shall set the conditions for such actions, provided they do not prejudice the electricity activity. 6. If the licensee fails to carry out the licensed activity, the Authority shall take the necessary measures to ensure the provision of the service is not interrupted, subject to the regulations. 7. If the licensee fails to provide adequate service, he shall compensate the aggrieved parties; the regulations shall specify the relevant criteria and conditions. 8. The Authority shall assume monitoring and inspection duties in accordance with Article 19(6) of this Law.