New South Wales Consolidated Acts

NATIONAL GAS (NSW) LAW - SECT 294D

294D South Australian Minister to make initial Rules relating to AEMO's gas trading exchange functions

(1) The Minister in right of the Crown of South Australia administering Part 2 of the National Gas (South Australia) Act 2008 (the
"South Australian Minister" ) may make Rules on any 1 or more of the following subjects--

(a) AEMO's gas trading exchange functions;

(b) the subject matter of a new head of power added to Schedule 1 by the GTE amendments;

(c) any other subject contemplated by, or consequential on, the GTE amendments.

(2) Rules may only be made under subsection (1) on the recommendation of the MCE.

(3) Section 74(3) applies to Rules made under subsection (1) in the same way as it applies to Rules made by the AEMC.

(4) As soon as practicable after making Rules under subsection (1), the South Australian Minister must--

(a) publish notice of the making of the Rules in the South Australian Government Gazette stating the date of commencement or, if they commence at different times, various dates of commencement; and

(b) make the Rules publicly available.

(5) The South Australian Minister may, by a later notice published in the South Australian Government Gazette, vary a commencement date fixed under subsection (4)(a) of this subsection.

(6) Once the first Rules have been made under subsection (1), no further Rules can be made under that subsection.

(7) Rules in the nature of a derogation may be made under this section even though no request has been made for the derogation.