18ZECompliance audits by AER

18ZE Compliance audits by AER

18ZE Compliance audits by AER

(1) The AER may carry out an audit (a compliance audit) of a regulated entity’s activities to assess the regulated entity’s compliance with the Retailer Reliability Obligation.

(2) Without limitation, a compliance audit may be carried out to assess a regulated entity’s compliance with the reliability obligations.

(3) The AER may carry out a compliance audit by arranging for a contractor or another person to carry out the compliance audit on the AER’s behalf.

(4) The cost of carrying out a compliance audit of a regulated entity under this section is—

(a) an amount determined under the Reliability Compliance Procedures and Guidelines; and

(b) recoverable by the AER from the regulated entity.

pt 3, div 1C (ss 18Z–18ZI): Ins 2019 No 10, sec 9.