24Effect of facility ceasing to be a significant infrastructure facility

24 Effect of facility ceasing to be a significant infrastructure facility

If the Minister administering the Essential Services Commission Act 2001, after considering a recommendation of the Commission, determines that a facility has ceased to be a significant infrastructure facility—

(a) subject to paragraph (b), an existing determination made by the Commission (including a price determination under section 33 of the Essential Services Commission Act 2001) in respect of prescribed services to which the facility relates, is revoked from the date specified by that Minister; and

(b) an existing price determination made by the Commission, in respect of prescribed services to which the facility does not relate, continues to operate.

S. 24A inserted by No. 73/2003 s. 16.