Tasmanian Numbered Acts

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ECONOMIC REGULATOR AMENDMENT ACT 2015 (NO. 13 OF 2015) - SECT 63

Section 7 inserted
After section 6 of the Principal Act , the following section is inserted in Division 1:

7.     Enforcement of Act by Regulator

(1)  If the Regulator is satisfied that an electricity entity has contravened this Act or the conditions of the licence held by the electricity entity, the Regulator may impose on the electricity entity a monetary penalty not exceeding –
(a) 5 000 penalty units for the first day on which the contravention occurs; and
(b) a further fine not exceeding 200 penalty units for each subsequent day on which the contravention continues.
(2)  If there is more than one electricity entity that may be taken to have contravened this Act in respect of a single event, the Regulator may take any action under this section in respect of one or more such electricity entities as the Regulator thinks fit.
(3)  A decision of the Regulator under this section may be subject to administrative review under Part 9 .



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