(1) The Governor may
make regulations prescribing all matters that are required or permitted by
this Act to be prescribed or are necessary or convenient to be prescribed for
giving effect to the purposes of this Act.
(2) Without limiting
the generality of subsection (1), regulations may —
(a)
impose limitations on the extent, if any, to which the DBNGP owner, as defined
in section 46 6 , or its officers, servants, consultants, independent
contractors, or agents may participate in or be connected with a business of
producing, purchasing, trading, or selling gas;
(b)
impose requirements for, or limitations upon, the prices, and other terms and
conditions, upon which the DBNGP owner, as defined in section 46 6 , provides
access to gas transmission capacity to a person affiliated with the DBNGP
owner, including, without limiting the generality of this paragraph, a
requirement that those prices and other terms and conditions be subject to the
approval of the Coordinator;
(c)
identify the classes of persons affiliated with the DBNGP owner for the
purposes of paragraph (b).
(3) If there is any
conflict or inconsistency between a provision made by regulations under this
Act and a provision made by regulations under the Gas Standards Act 1972 ,
the latter prevails.
[Section 51 amended: No. 74 of 2003 s. 10(2).]