New South Wales Consolidated Acts

NATIONAL GAS (NSW) LAW - SECT 294FE

294FE South Australian Minister to make initial Rules relating to wholesale market monitoring matters

(1) The South Australian Minister may make Rules for the following--

(a) the making of--

(i) market monitoring information orders; and

(ii) wholesale market monitoring guidelines;

(b) the way the AER consults--

(i) on the wholesale market monitoring guidelines under section 30AT(3); and

(ii) the public, under section 30AM, before making a market monitoring information order.

(2) The Rules made under subsection (1) may only be made 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 being 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; and

(b) make the Rules publicly available.

(5) The notice referred to in subsection (4)(a) must state--

(a) the date on which the Rules commence operation; or

(b) if different Rules will commence operation on different dates, those dates.

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