(1)  Subject to subsection (2) , this Division applies to the prices, terms and conditions for the provision of regulated services.

(2)  The Treasurer may determine that this Division does not apply if, in the Treasurer's opinion –

(a) in relation to the provision of regulated services, there is effective competition; or

(b) it is not in the public interest that this Division apply.

(3)  The Treasurer is to seek the advice of the Regulator before making a determination under subsection (2) .

(4)  Before providing advice to the Treasurer under subsection (3) , the Regulator is to seek submissions on the proposed determination by publishing a notice of the proposed determination, in daily newspapers published and circulating in Tasmania, that invites submissions from the public.

(5)  A notice published under subsection (4) is to include information on how a submission can be made and the timeframes for providing a submission.

(6)  The Regulator is to consider any submission received under subsection (5) before advising the Treasurer with respect to the proposed determination.