(1) The IMO has the functions conferred on it by these regulations, the Electricity Industry (Wholesale Electricity Market) Regulations 2004 and the market rules.

(2) It is a function of the IMO ¾

(a) to undertake, maintain and operate any system, facilities or equipment required for or in connection with the performance of its functions;

(b) to do anything that the IMO determines to be conducive or incidental to the performance of its functions; and

(c) to do anything that it is authorised to do by any other written law.

(3) The IMO may perform any of its functions in the State or elsewhere.