Queensland Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

GAS SUPPLY ACT 2003 - SECT 228A

228A Restrictions on the first exercise of price fixing power

(1) This section applies only for the first occasion on which the Minister exercises the power under section 228.

(2) The power may be exercised only if—

(a) either—
(i) QCA has given the Minister a report about a pricing investigation; or
(ii) AEMC has, under the AEMC Act, a report about the effectiveness of retail competition in the Queensland retail gas market; and
(b) no more than 6 months has passed since the giving of the report; and
(c) the Minister has considered the report.

(3) The Minister must—

(a) publish on the department's website reasons for exercising the power; and
(b) give each area retailer a copy of the reasons.

(4) In this section—

AEMC means the Australian Energy Market Commission established under section 5 of the AEMC Act.

AEMC Act means the Australian Energy Market Commission Establishment Act 2004 (SA).



[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]