Western Australian Consolidated Regulations

ELECTRICITY INDUSTRY (WHOLESALE ELECTRICITY MARKET) REGULATIONS 2004 - REG 12

12 .         Functions of the IMO

        (1)         The market rules may confer functions and impose requirements on the IMO.

        (2)         The IMO is responsible for the administration of the market rules and the market procedures and for the development of amendments of them and replacements for them in accordance with the market rules.

        (3)         The IMO is to maintain an internet website for the purpose of publishing and releasing information to participants.

        (4)         The market rules may make provision for financial, accounting and governance matters in relation to the performance by the IMO of its functions under the market rules.

        (5)         Until 1 January 2005, a function of, or requirement imposed on, the IMO under these regulations or the market rules is to be performed or complied with by a specified entity or, if no entity is specified, by the Minister.