(1) A governance
participant (other than the Minister, the Minister administering the
Electricity Corporations Act 2005 , the Authority or the Coordinator)
must —
(a)
implement accounting arrangements to identify costs of the participant in
performing functions under these regulations, the Australian Energy Market
Operator (Functions) Regulations 2015 or the market rules; and
(b)
submit costs so identified for approval in accordance with the market rules.
[(1A) deleted]
(2) The operator must
allocate between registered participants in accordance with the market
rules —
(a)
costs identified and approved under subregulation (1); and
(b)
costs identified by the Minister or the Authority as costs of the Minister or
Authority in performing functions under these regulations, the market rules or
the Energy Industry (Rule Change Panel) Regulations 2016 ; and
[(c) deleted]
(d)
costs identified by the Coordinator as costs incurred in the performance of
the functions of the Coordinator under these regulations or the market rules.
(2A) Costs identified
under subregulation (1) or (2) must not relate to functions under
the Gas Services Information Act 2012 .
(3) Costs allocated
under subregulation (2) are to be recovered by way of fees to be paid by
registered participants under the market rules.
[Regulation 21 amended: Gazette
31 Mar 2006 p. 1322; 2 Oct 2015 p. 3931;
13 Nov 2015 p. 4635 and 4637; 24 Jun 2016
p. 2298; 23 Nov 2016 p. 5268‑9;
27 Jul 2018 p. 2688; SL 2020/202 r. 7; SL 2021/2
r. 23; SL 2025/37 r. 13.]
[Heading inserted: Gazette 16 Aug 2005
p. 3830.]
[Heading inserted: Gazette 16 Aug 2005
p. 3830.]