Queensland Consolidated Acts
[Index]
[Table]
[Search]
[Search this Act]
[Notes]
[Noteup]
[Previous]
[Next]
[Download]
[Help]
NATIONAL GAS (QUEENSLAND) LAW - SECT 59
Assumptions where there is non-compliance with regulatory information instrument
59 Assumptions where there is non-compliance with regulatory information
instrument
(1) This section applies if— (a) under a regulatory information instrument
the AER— (i) requires a service provider to provide information to the AER
for the purpose of enabling the AER to make an AER economic regulatory
decision relating to the service provider or to make a rate of return
instrument; or
(ii) requires a related provider to provide information to the
AER that is relevant to the making of an AER economic regulatory decision
relating to a service provider or the making of a rate of return instrument;
and
(b) the service provider or related provider— (i) does not provide the
information to the AER in accordance with the applicable regulatory
information instrument; or
(ii) provides information that is insufficient
(when compared to what was requested under the applicable regulatory
information instrument).
(2) Without limiting sections 56 and 57 and despite
anything to the contrary in this Law or the Rules, the AER— (a) may make the
AER economic regulatory decision or the rate of return instrument on the basis
of the information the AER has at the time it makes that decision or
instrument; and
(b) in making that decision or instrument, may make
reasonable assumptions (including assumptions adverse to the interests of the
service provider) in respect of the matters the information required under the
regulatory information instrument would have addressed had that information
been provided as required.
(3) This section does not apply in relation to a
price information order.
AustLII: Copyright Policy
| Disclaimers
| Privacy Policy
| Feedback