South Australian Numbered Acts

STATUTES AMENDMENT (AUSTRALIAN ENERGY MARKET OPERATOR) ACT 2009 (NO 32 OF 2009) - SECT 9

9—Amendment of section 41—Budgets

        (1)         Section 41(1)—delete "budgets for" and substitute:

in accordance with any requirements of the Minister, an annual budget for

        (2)         Section 41(2) and (3)—delete subsections (2) and (3) and substitute:

        (2)         The Panel must also prepare and submit to the Minister such other budgets in accordance with any requirements of the Minister for any period and with respect to any matters determined by the Minister.

        (3)         The Panel must—

            (a)         submit its annual budget to MCE for its approval and, at the same time, furnish a copy of that budget to the AEMC; and

            (b)         submit any other budget to MCE in accordance with the requirements of the Minister and, at the same time, furnish a copy of that budget to the AEMC.

        (3)         Section 41(6)—after "a budget" insert:

under subsection (1)

        (4)         Section 41(8)—delete "the budget" and substitute:

any budget