3 Interpretation

  (1)  Section 3(1) of the principal Act is amended by repealing the definition
of the term agency.

  (2)  Section 3(1) of the principal Act is amended by inserting, in their
appropriate alphabetical order, the following definitions:

"customer co-operative   has the meaning set out in section 42

"distributed generation   means a generator or generators that are connected to
a local distribution network, or to an end-user load that is connected to a
local distribution network, and not directly connected to the national grid

"line   includes a wire or cable

"nameplate    means the value derived by taking the full load output in volt
amperes, as stated on the name (rating) plate of the generator (determined in
accordance with International Electro-Technical Commission Standard 60034 Part
1 or successors or any recognised equivalent), assuming a power factor
of 1, and expressing the result in megawatts".

  (3)  Section 3(1) of the principal Act is amended by adding to paragraph (b)
of the definition of the term exempt person the words "or section 46A
(exemption for new distributed generation from new renewable energy source)".

  (4)  Section 3(1) of the principal Act is amended by omitting the definition
of the term settling trust, and substituting the following definition:

"settling trust   means an electricity trust that establishes a new mirror
trust under the mirror trust option in sections 37 to 45".

  (5)  Section 3 of the principal Act is amended by adding the following
subsection:

    "(3)  In relation to sections 4(2), 5(2), and 19,---

    "(a)  limitations, exclusions, or exemptions under those sections may be
applied cumulatively; and

    "(b)  references to an activity being carried out only or solely for a
particular purpose or in a particular way, or to a person having an involvement
or interest only or solely for a particular reason, must not be read as
excluding reliance on any other limitation, exclusion, or exemption in any of
those sections."