CTHIn ForceLegislation
Competition and Consumer (Gas Market Code) Regulations 2023
51Deemed exemption for gas exchange transactions
Start here
Get a plain-English read of 51
Turn the raw legal text into a practical explanation grounded in Competition and Consumer (Gas Market Code) Regulations 2023.
51 Deemed exemption for gas exchange transactions
The civil penalty provisions in Part 4 and the civil penalty provisions in Parts 5 and 6, to the extent that they relate to an agreement to supply regulated gas, do not apply if the agreement results directly from a transaction on a gas exchange that is:
(a) a declared wholesale gas market (within the meaning of the National Gas Law); or
(b) a short term trading market (within the meaning of the National Gas Law).