Electricity Corporations Act 2005

Electricity Corporations (Competition Laws Authorisation) Regulations 2013

These regulations were repealed by the Electricity Corporations (Competition Laws Authorisation) Repeal Regulations 2013 r. 3 as at 1 Jan 2014 (see r. 2(b) and Gazette 27 Dec 2013 p. 6465).

 

 

 

Electricity Corporations (Competition Laws Authorisation) Regulations 2013

Contents

1.Citation1

2.Commencement1

3.Authorisation for purposes of competition laws1

Notes

Compilation table3

Defined terms

 

Electricity Corporations Act 2005

Electricity Corporations (Competition Laws Authorisation) Regulations 2013

1.Citation

These regulations are the Electricity Corporations (Competition Laws Authorisation) Regulations 2013.

2.Commencement

These regulations come into operation as follows —

(a)regulations 1 and 2 — on the day on which these regulations are published in the Gazette;

(b)the rest of the regulations — on 1 July 2013.

3.Authorisation for purposes of competition laws

(1)In this regulation —

corporation means —

(a)the Electricity Generation Corporation; or

(b)the Electricity Retail Corporation;

prescribed direction means a direction under section 111(1) of the Act that requires a corporation, in the performance of its functions —

(a)to have regard to its interests and the other corporation’s interests; and

(b)to act in a way that will maintain or increase the aggregate value of its business and the other corporation’s business, even if to do so would not be in its interests; and

(c)to not make a decision that would be likely to result in a sustained, substantial and avoidable increase in the costs to consumers of delivering electricity services in the South West interconnected system.

(2)For the purposes of the Competition and Consumer Act 2010 (Commonwealth) and the Competition Code, this regulation authorises any arrangement, act, matter or thing made, entered into, engaged in, imposed, carried out, given effect to, or done, by a corporation in order to comply with a prescribed direction given to the corporation.

 

Notes

1This is a compilation of the Electricity Corporations (Competition Laws Authorisation) Regulations 2013. The following table contains information about those regulations.

Compilation table

Citation

Gazettal

Commencement

Electricity Corporations (Competition Laws Authorisation) Regulations 2013

28 Jun 2013 p. 2748-9

r. 1 and 2: 28 Jun 2013 (see r. 2(a));
Regulations other than r. 1 and 2: 1 Jul 2013 (see r. 2(b))

These regulations were repealed by the Electricity Corporations (Competition Laws Authorisation) Repeal Regulations 2013 r. 4 as at 1 Jan 2014 (see r. 2(b) and Gazette 27 Dec 2013 p. 6465)

 

 

Defined terms

 

[This is a list of terms defined and the provisions where they are defined. The list is not part of the law.]

Defined termProvision(s)

corporation3(1)

prescribed direction3(1)