sec.237Regulator’s power to require plan

sec.237 Regulator’s power to require plan

The regulator may, by notice, require an industry participant to, within a stated reasonable period, make a plan that complies with section 239 for the contingency supply of a covered gas (a contingency supply plan ). The industry participant must comply with the notice. Maximum penalty—500 penalty units. For subsection (1) , the plan is not made until the regulator is given a copy. Before the industry participant makes the plan, the participant must make reasonable endeavours in the circumstances to consult with the regulator and stakeholders in the covered gas industry about the proposed plan. However, subsection (4) does not apply if the industry participant has made a plan under another Act and the plan complies or substantially complies with section 239 . A failure to comply with subsection (4) does not invalidate or otherwise affect the plan. s 237 amd 2006 No. 60 s 129 ; 2023 No. 25 s 31 sch 1 (sec.237-ssec.1) The regulator may, by notice, require an industry participant to, within a stated reasonable period, make a plan that complies with section 239 for the contingency supply of a covered gas (a contingency supply plan ). (sec.237-ssec.2) The industry participant must comply with the notice. Maximum penalty—500 penalty units. (sec.237-ssec.3) For subsection (1) , the plan is not made until the regulator is given a copy. (sec.237-ssec.4) Before the industry participant makes the plan, the participant must make reasonable endeavours in the circumstances to consult with the regulator and stakeholders in the covered gas industry about the proposed plan. (sec.237-ssec.5) However, subsection (4) does not apply if the industry participant has made a plan under another Act and the plan complies or substantially complies with section 239 . (sec.237-ssec.6) A failure to comply with subsection (4) does not invalidate or otherwise affect the plan.