General Electricity Law No.64 of 2002 (Temporary Law).

This Law consisting of 60 articles aims at (i) developing the sector taking into account the public interest and protecting the interest of the undertakings operating in the sector; and (ii) encouraging local and foreign investment in the sector so as to achieve an adequate and reliable supply of electric power to the consumers at a reasonable cost. ain poweers of the Ministry of Energy and Mineral Resources are (i) prepare the general policies of the sector and submit them to the Council of Ministers for approval; (ii) cooperate with other countries for the purpose of the electrical interconnection and trade of electric power; (iii) promote the interests of the Kingdom vis-à-vis third parties on issues relating to electric power; (iv) adopt the necessary measures for the provision of supplemental source of generation of electric power in case of prolonged shortfalls in electric power; and (v) promote the use of renewable energy for generation. The Commission shall be managed and supervised by the Council of Commissioners.
Article 6 establishes the Electricity Sector Regulatory Commission, related to the Prime Minister, with the following tasks (i) maintain an efficient structure for the sector; (ii) encourage investment and improve the operational efficiency and sale of electric power at reasonable prices; (iii) ensure the provision of safe, secure, reliable and high-quality services; (iv) ensure the compliance with environmental protection standards and general public safety conditions enforced in the Kingdom; (v) ensure that sufficient supply of electric power is being provided by licensees to consumers; (vi) ensure that prices charged by a licensee are sufficient to finance its activities; (vii) protect the interests of consumers, provided that they comply with the terms for providing electricity service; and (viii) ensure that the regulation of the sector is fair and balanced to consumers, licensees, investors, and other stakeholders. Powers of the Council are as follows (i) issuing of licenses; (ii) determine the tariffs/prices for licensed services; (iii) approve the electric power measuring meters installed by licensees; (iv) ensure the compliance by licensees with their legal requirements; (v) establish the appropriate operating codes and safety, security, and reliability standards and to assess the performance of the licensees against those standards; (vi) settle disputes arising between the licensees and consumers; and (vii) prepare the draft by-laws relating to the Sector.
As for the licenses, the Law establishes that (i) no person is allowed to construct, own or operate an undertaking or in any way engage in the business of generation, transmission, system operation, supply or distribution, except in accordance with a licence issued pursuant to this Law (art.28); (ii) any licence which was issued before the enactment of the provisions this Law, shall continue to have effect, mutatis mutandis, for the remainder of its period of validity (art.29); (iii) an application for a licence shall be made to the Commission accompanied by the requested documents (art.30).
The Council of Ministers may issue a decree to facilitating the implementation of the initial privatization contracts and initial IPP contracts.
The Law deals also with (i) financial matters of the Commission; (ii) competition in the sector; and (iii) penalties.