sec.39Term of declaration and restriction on amendment or repeal

sec.39 Term of declaration and restriction on amendment or repeal

A hub declaration continues in effect for the term stated under section 38 (3) (d) , unless the declaration is repealed. The Minister may recommend to the Governor in Council the making of a regulation amending (including amending the term of the declaration) or repealing a hub declaration— if the Minister is not the Treasurer, only with the approval of the Treasurer; and only if the Minister is satisfied— the amendment or repeal will not adversely affect, in a material way, any participant for the regional energy hub; and for an amendment—the amendment is consistent with achieving the purposes of this Act mentioned in section 3 (a) and (b) . See also section 40 for matters to which the Minister and the Treasurer must have regard when performing a function under this division. s 39 amd 2025 No. 30 s 34 (sec.39-ssec.1) A hub declaration continues in effect for the term stated under section 38 (3) (d) , unless the declaration is repealed. (sec.39-ssec.2) The Minister may recommend to the Governor in Council the making of a regulation amending (including amending the term of the declaration) or repealing a hub declaration— if the Minister is not the Treasurer, only with the approval of the Treasurer; and only if the Minister is satisfied— the amendment or repeal will not adversely affect, in a material way, any participant for the regional energy hub; and for an amendment—the amendment is consistent with achieving the purposes of this Act mentioned in section 3 (a) and (b) . See also section 40 for matters to which the Minister and the Treasurer must have regard when performing a function under this division.

• (a) if the Minister is not the Treasurer, only with the approval of the Treasurer; and
• (b) only if the Minister is satisfied— (i) the amendment or repeal will not adversely affect, in a material way, any participant for the regional energy hub; and (ii) for an amendment—the amendment is consistent with achieving the purposes of this Act mentioned in section 3 (a) and (b) .
• (i) the amendment or repeal will not adversely affect, in a material way, any participant for the regional energy hub; and
• (ii) for an amendment—the amendment is consistent with achieving the purposes of this Act mentioned in section 3 (a) and (b) .
• (i) the amendment or repeal will not adversely affect, in a material way, any participant for the regional energy hub; and
• (ii) for an amendment—the amendment is consistent with achieving the purposes of this Act mentioned in section 3 (a) and (b) .