32Pricing investigation to be conducted

32 Pricing investigation to be conducted

(1)  If the Regulator determines under regulation 31(4) to retain the declaration of a declared electrical service, the Regulator is to conduct, within a reasonable time, a pricing investigation in respect of the declared electrical service.

(2)  The objective of a pricing investigation in accordance with this regulation in respect of a declared electrical service is to –

(a) investigate the pricing policies of the electricity entity or authorised retailer providing the declared electrical service; and

(b) consider whether to determine under section 40AD(5) of the Act maximum prices in respect of those services.