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NATIONAL GAS (NSW) LAW - SECT 8AB
Meaning of small shipper
8AB Meaning of small shipper
(1) A small shipper is a user or prospective user-- (a) who is, or seeks to
be, a party to a contract with a service provider for the provision of a
pipeline service by means of a pipeline; and
(b) for whom the total daily
pipeline capacity right provided, or sought to be provided, under 1 or more
contracts with the same service provider and by means of the same pipeline is
not more than-- (i) the daily pipeline capacity right prescribed for this
definition by the Regulations; or
(ii) if no daily pipeline capacity right is
prescribed by the Regulations, the lesser of the following amounts-- (A) 5
terajoules per day;
(B) 20% of the pipeline's nameplate rating.
(2) However,
a small shipper does not include a corporation with a market capitalisation of
more than $500 000 000 or a related body corporate of the corporation. Note--:
See also section 19A in relation to related bodies corporate.
(3) In this
section--
"nameplate rating" , in relation to a pipeline, means the maximum daily
capacity of the pipeline under normal operating conditions.
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