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ENERGY LEGISLATION AMENDMENT (GENERAL) ACT 2014 (NO. 3 OF 2014) - SECT 20

Commission approval

    (1)     For the heading to section 48I of the Gas Industry Act 2001 substitute

" Commission approval ".

    (2)     For section 48I(1) of the Gas Industry Act 2001 substitute

    "(1)     The Commission must consider and may, if it considers appropriate, approve—

        (a)     a policy submitted in accordance with section 48G(1); or

        (b)     an amended financial hardship policy submitted in accordance with section 48GA(3)(b) or 48GB.".

    (3)     In section 48I(2) of the Gas Industry Act 2001 , for "financial hardship policy" substitute "policy submitted in accordance with section 48G(1), or an amended financial hardship policy submitted in accordance with section 48GA(3)(b) or 48GB,".

    (4)     In section 48I(3) of the Gas Industry Act 2001

        (a)     for "financial hardship policy" substitute "policy submitted in accordance with section 48G(1), or an amended financial hardship policy submitted in accordance with section 48GA(3)(b) or 48GB,";

        (b)     for "48G(2)" substitute "48GC".

    (5)     Section 48I(4) of the Gas Industry Act 2001 is repealed .



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