South Australian Numbered Acts

NATIONAL ELECTRICITY (SOUTH AUSTRALIA) (NATIONAL ELECTRICITY LAW--MISCELLANEOUS AMENDMENTS) AMENDMENT ACT 2007 (NO 53 OF 2007) - SECT 33

33—Amendment of section 42 of the NEL—Terms of reference

        (1)         NEL—after section 42(1) insert:

Example—

The terms of reference may require a MCE directed review to be conducted—

            (a)         about a specific matter within a specified time; or

            (b)         whenever a specified event occurs; or

            (c)         on an annual basis.

        (2)         NEL, section 42(2)—delete "The" and substitute:

Without limiting subsection (1), the

        (3)         NEL, section 42(2)(e)—delete the paragraph and substitute:

            (e)         require the AEMC to have specified objectives in the conduct of a MCE directed review which need not be limited by the national electricity objective;

            (ea)         require the AEMC to assess a particular matter in relation to services provided in a market for electricity against specified criteria or a specified methodology;

            (eb)         require the AEMC—

                  (i)         to assess a particular matter in relation to services provided in a market for electricity; and

                  (ii)         to develop appropriate and relevant criteria, or an appropriate and relevant methodology, for the purpose of the required assessment;