VICIn ForceAct
Gas Industry Act 2001
60Extension of trial waiver
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60 Extension of trial waiver
(1) The Commission, in accordance with the trial project guidelines, may extend the period for which a trial waiver has effect by a period determined by the Commission (which cannot exceed one year).
(2) In determining whether to grant an extension under subsection (1), the Commission must be satisfied that the trial project to which the trial waiver applies continues to be genuinely innovative, and for that purpose, the Commission must have regard to the innovative trial principles.
(3) In addition, in determining whether to grant an extension under subsection (1), the Commission—
(a) must have regard to any matter specified under a trial waiver order as a matter that the Commission must have regard to in determining whether to extend the period of the trial waiver; and
(b) may have regard to any matter that the Commission considers relevant, including any matter specified under the trial project guidelines as a matter that the Commission may have regard to in determining whether to extend the period for which a trial waiver has effect.
(4) An extension under subsection (1) must be—
(a) in writing; and
(b) published on the Commission's internet site.
(5) An extension under subsection (1) may only be granted once in respect of a trial waiver granted under this Division.
Subdivision 5—Variation and revocation of trial waivers
New s. 61 inserted by No. 33/2021 s. 15 (as amended by No. 41/2021 s. 92).