In its capacity as the local Regulator in relation to a distribution pipeline, the Independent Pricing and Regulatory Commission—
(a) may perform a function, or exercise a power if, and only if, the function or power is conferred on it by—
(i) the Gas Pipelines Access (A.C.T.) Law ; or
(ii) the gas pipelines access legislation of another scheme participant; and
(b) in so doing, is not subject to control or direction by a Minister.