Competition and Consumer Act 2010
53ZBConferral of powers and functions
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53ZB Conferral of powers and functions
(1) A gas market instrument may confer on a person or body a power to do, or a function of doing, any of the following:
(a) monitoring compliance with a gas market instrument;
(b) conducting investigations in relation to a gas market matter;
(c) providing exemptions from:
(i) a gas market instrument; or
(ii) a specified provision of a gas market instrument; or
(iii) a specified rule included in a gas market instrument;
(d) reviewing, or reporting on:
(i) the operation, application or administration of a gas market instrument; or
(ii) activities under, or in relation to, a gas market instrument;
(e) reviewing a decision made under a gas market instrument, or in the exercise or performance of a power or function conferred by a gas market instrument.
(2) A gas market code may confer on a person or body any of the following powers or functions:
(a) a power to determine, or a function of determining, any matter that may be dealt with by a gas market code;
(b) a power or function relating to the operation, application or administration of a gas market code.
(3) A gas market emergency price order may confer on a person or body any of the following powers or functions:
(a) a power to determine, or a function or determining, any matter that may be dealt with by a gas market emergency price order;
(b) a power or function relating to the operation, application or administration of a gas market emergency price order.
(4) If a gas market code confers on a person or body a power or function, a gas market code:
(a) may provide that the power is to be exercised, or the function performed, by legislative instrument, notifiable instrument or another kind of written instrument; and
(b) may provide for the person or body to delegate the power or function.
Note: For limitations relating to a power to make a legislative instrument, see section 53ZI.
(5) If a gas market emergency price order confers on a person or body a power or function, a gas market instrument:
(a) may provide that the power is to be exercised, or the function performed, by legislative instrument, notifiable instrument or another kind of written instrument; and
(b) may provide for the person or body to delegate the power or function.
Note: For limitations relating to a power to make a legislative instrument, see section 53ZI.