118AOInformation must be given to AER

118AO Information must be given to AER

118AO Information must be given to AER

(1) A Registered participant must give the AER prescribed information as follows—

(a) for a Registered participant who submits an early closure proposal after the commencement of this Part—when submitting the early closure proposal;

(b) for a Registered participant who submitted an early closure proposal after 31 December 2020 and before the commencement of this Part—within 28 days after being directed by the Minister or the AER to provide the information.

(2) Subsection (1)(a) does not apply to an early closure proposal for which the closure date is no more than 30 days earlier than the expected closure date previously notified to AEMO.

(3) The AER must—

(a) give a copy of the information received under this section to the Minister; and

(b) in accordance with the Rules, give a copy of the information received under this section to AEMO.

(4) The Minister or the AER may direct a Registered participant to provide—

(a) additional prescribed information; or

(b) an update of prescribed information previously provided to the AER.

(5) A Registered participant who receives a direction under subsection (4) must provide the information to—

(a) the Minister; and

(b) the AER.

(6) The Rules may make provision for the way information must be provided under this section.

(7) In this section—

prescribed information means information prescribed by the Rules.

Note—

Subsections (1) and (5) are civil penalty provisions: See the definition of civil penalty provision in section 2AA(1).

s 118AO: Ins 2024 No 62, sec 6.