90EFSouth Australian Minister to make initial Rules relating to wholesale market monitoring matters

90EF South Australian Minister to make initial Rules relating to wholesale market monitoring matters

90EF South Australian Minister to make initial Rules relating to wholesale market monitoring matters

(1) The Minister in right of the Crown of South Australia administering Part 2 of the National Electricity (South Australia) Act 1996 of South Australia may make Rules for the following—

(a) the making of—

(i) market monitoring information orders; and

(ii) wholesale market monitoring guidelines;

(b) the way the AER consults—

(i) on the wholesale market monitoring guidelines under section 18EO(3); and

(ii) the public, under section 18EH, before making a market monitoring information order.

(2) Section 34(3) applies to Rules made under subsection (1) in the same way as it applies to Rules made by the AEMC.

(3) As soon as practicable after making Rules under subsection (1), the South Australian Minister must—

(a) publish notice of the making of the Rules in the South Australian Government Gazette; and

(b) make the Rules publicly available.

(4) The notice referred to in subsection (3)(a) must state—

(a) the date on which the Rules commence operation; or

(b) if different Rules will commence operation on different dates, those dates.

(5) The Rules made under subsection (1) may only be made on the recommendation of the MCE.

(6) Once the first Rules have been made under subsection (1), no further Rules can be made under that subsection.

s 90EF: Ins 2024 No 12, sec 12.