Div 2Objects of Act

Division 2—Objects of Act 3—Objects The objects of this Act are— (a) to establish an effective, efficient and flexible regulatory scheme to enable the exploration for, and the recovery, production, transmission, storage and management of, energy resources that encourages and maintains an appropriate level of competition; and (b) to ensure that energy rights and resources are managed for the benefit of the State; and (c) to ensure that the exploration for, and the recovery, production, transmission, storage and management of, energy resources is carried out safely and is ecologically sustainable; and (d) to ensure that regulated activities that may have adverse effects on the environment— (i) are properly managed to reduce environmental damage; and (ii) are carried out in a way that eliminates or limits the risk of significant long term environmental damage; and (e) to ensure as far as reasonably practicable, security of supply for users of natural gas; and (f) to ensure that land adversely affected by regulated activities is properly rehabilitated; and (g) to establish appropriate consultative processes with people directly affected by regulated activities including Aboriginal people and the public generally; and (h) to protect the public from risks inherent in regulated activities.