Section 56 - Competition and Consumer (Gas Market Code) Regulations 2023 - Deemed exemption for person covered by conditional Ministerial exemption—gas pricing penalty provisions

56Deemed exemption for person covered by conditional Ministerial exemption—gas pricing penalty provisions

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56 Deemed exemption for person covered by conditional Ministerial exemption—gas pricing penalty provisions

(1) Subsection 26(1) does not apply if all of the following conditions are met:

(b) the conditional Ministerial exemption states that it applies in relation to subsection 26(1);

(c) on the day on which the supplier enters into the agreement for the supply of regulated gas as mentioned in paragraph 26(1)(b), the conditional Ministerial exemption is in force.

(2) Subsection 27(1) does not apply if all of the following conditions are met:

(b) the conditional Ministerial exemption states that it applies in relation to subsection 27(1);

(c) on the day on which the supplier supplies regulated gas under the agreement as mentioned in paragraph 27(1)(c), the conditional Ministerial exemption is in force.

(3) Subsection 28(1) does not apply if all of the following conditions are met:

(b) the conditional Ministerial exemption states that it applies in relation to subsection 28(1);

(c) on the day on which the supplier makes the offer on a gas trading exchange for the supply of regulated gas as mentioned in paragraph 28(1)(b), the conditional Ministerial exemption is in force.