Tasmanian Numbered Acts

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ECONOMIC REGULATOR AMENDMENT ACT 2015 (NO. 13 OF 2015) - SECT 74

Sections 8A and 8B inserted
After section 8 of the Principal Act , the following sections are inserted in Division 1:

8A.     State of the industry report

(1)  In this section –
energy Minister means the Minister assigned the administration of Division 1 of Part 3 .
(2)  The Regulator may prepare a report on the state of the gas supply industry (the state of the industry report ).
(3)  The Regulator is to prepare a state of the industry report –
(a) on the Regulator's own initiative; or
(b) if directed to do so by the energy Minister and the Minister assigned the administration of the Economic Regulator Act 2009 .
(4)  A direction under subsection (3)(b) to prepare a state of the industry report may include the terms of reference for that state of the industry report.
(5)  The Regulator is to cause a copy of the state of the industry report to be –
(a) laid before each House of Parliament within 7 sitting-days after preparing it; and
(b) made available to members of the public in such a manner as the Regulator considers appropriate.

8B.     Enforcement of Act by Regulator

(1)  If the Regulator is satisfied that a gas entity has contravened this Act or the conditions of the licence held by the gas entity, the Regulator may impose on the gas 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 gas 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 gas entities as the Regulator thinks fit.
(3)  A decision of the Regulator under this section may be subject to administrative review under Part 7 .



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