New South Wales Repealed Regulations

This legislation has been repealed.

GAS SUPPLY (NATURAL GAS RETAIL) REGULATION 2014 - REG 6

6 Code requirements and compliance

(1) A Social Programs for Energy Code--

(a) may specify that particular services of retailers, reticulators or exempt persons are to be provided to particular classes of persons free of charge, at specified charges or subject to specified discounts or rebates, and

(b) may require specified classes of customers to be supplied with gas at discounted charges or to be given rebates on the charges paid by them for the supply of gas, and

(c) may require a retailer or exempt person to establish and maintain facilities to ensure that Government payments that are provided to finance the supply of gas at discounted charges are applied in accordance with the Code, and

(d) may require a retailer or exempt person to establish and maintain trust accounts in which Government payments that are provided to finance the supply of gas at discounted charges are to be held pending their application in accordance with the Code, and

(e) may require a reticulator, retailer or exempt person to furnish the Minister with periodic reports as to compliance with the Code, and

(f) may require a reticulator, retailer or exempt person to establish and maintain accounting procedures to enable such reports to be prepared, and

(g) must specify the amount assessed, or a methodology by which the amount may be assessed, by the Minister as the estimated cost to a reticulator, retailer or exempt person of efficiently complying with the Code, and

(h) must specify arrangements for the payment to the reticulator, retailer or exempt person of an amount equivalent to the estimated efficient costs assessed by the Minister, as referred to in paragraph (g), or, if the reticulator, retailer or exempt person disputes that assessment, the costs assessed on a re-assessment under this Part.

(2) If a Code adopted under this Part applies to a reticulator, it is a condition of the reticulator's authorisation that the reticulator must take the action required by the Code in accordance with the Code.

(3) A reticulator, retailer or exempt person must not fail to comply with a Social Programs for Energy Code that is applicable to the reticulator, retailer or exempt person.

: Maximum penalty--100 penalty units (in the case of a corporation) or 25 penalty units (in any other case).