49BReview, amendment and replacement of Code

49B Review, amendment and replacement of Code

[Section 49B of Part 3 Inserted by No. 21 of 1998, s. 17, Applied:19 Jun 1998]

(1)  The Regulator may review the Code –

(a) at his or her discretion; or

(b) on the request of any person.

(2)  The Regulator must review the Code when required to so do by the Minister.

(3)  The Regulator may amend or rescind and substitute the Code as specified in, and in accordance with, the Code.

(4)  [Section 49B Subsection (4) inserted by No. 16 of 2003, s. 17, Applied:09 May 2003] By notice provided to the Regulator, the Minister may amend, or rescind and substitute, the Code as he or she considers necessary or convenient for any one or more of the following purposes:

(a) facilitating participation of electricity entities in the National Electricity Market;

(b) [Section 49B Subsection (4) amended by No. 78 of 2005, s. 16, Applied:15 Dec 2005] facilitating the application of the National Electricity Law and the National Electricity Rules in Tasmania;

(c) [Section 49B Subsection (4) amended by No. 78 of 2005, s. 16, Applied:15 Dec 2005] the performance and exercise by the AER of functions and powers conferred on it by section 16C ;

(d) [Section 49B Subsection (4) amended by No. 78 of 2005, s. 16, Applied:15 Dec 2005] [Section 49B Subsection (4) amended by No. 73 of 2007, s. 8, Applied:01 Jan 2008] ensuring that, after the NEM entry time, the Code is consistent with the National Electricity Law and the National Electricity Rules;

(e) [Section 49B Subsection (4) amended by No. 73 of 2007, s. 8, Applied:01 Jan 2008] making provision in respect of any arrangements, guidelines or requirements necessary in relation to distribution services, performance standards and distribution performance targets, including but not limited to payments to customers, that are connected with the provision of guaranteed service levels;