Commercial Passenger Vehicle Industry Act 2017
124Exercise of regulatory functions
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124 Exercise of regulatory functions
(1) The ESC may regulate prescribed prices by determining different prices according to circumstances specified in the determination if it considers it necessary to do so in order for it to comply with section 122(2).
(2) Subsection (1) does not limit section 33(5) of the Essential Services Commission Act 2001.
(3) The ESC must make a price determination no later than 12 months after the day on which section 18 of the Commercial Passenger Vehicle Industry Amendment (Further Reforms) Act 2017 comes into operation.
(4) The ESC must complete a review of a price determination no later than 2 years after it is made.
Pt 7 (Headings and ss 125–170) inserted by No. 63/2017 s. 18.