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NATIONAL GAS (QUEENSLAND) LAW - SECT 91A
AEMO’s statutory functions
91A AEMO’s statutory functions
(1) AEMO has the following functions: (a) to operate and administer markets
for natural gas in accordance with this Law, the Rules and the Procedures;
(b) to promote the development, and improve the effectiveness of the operation
and administration of, gas markets;
(ba) conduct trials relating to the
operation and administration of markets, or parts of markets, capacity
auctions and transaction support arrangements for natural gas that are or will
be governed by this Law, the Rules and the Procedures;
(c) to register
persons as Registered participants;
(d) to exempt certain persons from being
registered as Registered participants;
(e) to facilitate retail customer
transfer, metering and retail competition (including balancing, allocation and
reconciliation of gas deliveries and withdrawals to and from subnetworks);
(ea) the east coast gas system reliability and supply adequacy functions;
(f)
for an adoptive jurisdiction—the declared system functions or STTM functions
(as the case requires);
(g) to make, amend or revoke Procedures;
(ga) the
gas trading exchange functions;
(gb) the capacity auction functions;
(gc) to
establish, operate and administer transaction support arrangements;
(h) to
operate and maintain the Natural Gas Services Bulletin Board;
(i) to prepare,
periodically review, revise, and publish the gas statement of opportunities;
(j) to investigate breaches or possible breaches of the Procedures;
(k) any
functions conferred by jurisdictional gas legislation or an application Act;
(l) any other functions conferred under this Law, the Rules or the Procedures.
Notes— 1 AEMO has additional functions under its Constitution.
2 It
should be noted that AEMO’s statutory functions include its functions under
the National Electricity Law and the National Electricity Rules: see
definition of statutory functions in section 2 .
3 AEMO also has
responsibilities, under Part 4 of the
Australian Energy Market Commission Establishment Act 2004 of South Australia,
related to administrative costs associated with the work of the Consumer
Advocacy Panel.
4 AEMO has additional functions and powers under the National
Energy Retail Law and the National Energy Retail Rules.
(2) AEMO must, in
carrying out functions referred to in this section have regard to the national
gas objective.
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