(a) an electricity distributor's licence authorising it to operate its distribution system to convey electricity on behalf of retail suppliers; and
(b) a retail supplier's licence authorising it to supply electricity to retail customers.
(2) ACTEW Energy Limited shall be taken to hold a retail supplier's licence authorising it to supply electricity to retail customers.
(3) Great Southern Energy shall be taken to hold—
(a) an electricity distributor's licence authorising it to operate its distribution system in the Territory to convey electricity on behalf of retail suppliers; and
(b) a retail supplier's licence authorising it to supply electricity to retail customers who occupy premises in the Territory that were connected to the corporation's distribution system immediately before the commencement day.
(4) The Schedule to the Electricity Supply Act applies in relation to licences that are to be taken to be held by virtue of subsection (1), (2) or (3) in the same way as it applies to licences granted in accordance with the Schedule.