90EGSouth Australian Minister to make initial Rules relating to orderly exit management

90EG South Australian Minister to make initial Rules relating to orderly exit management

90EG South Australian Minister to make initial Rules relating to orderly exit management

(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 matters or things necessary or expedient for the following—

(a) the making of mandatory operation directions under Part 8AA Division 2;

(b) the information that must be given to the AER, or otherwise disclosed, under Part 8AA Division 3;

(c) the functions of the financial vehicle under section 118AS;

(d) the administration of the OEM fund under Part 8AA Division 4 Subdivision 2;

(e) payments to and by MOD generators under section 118AY;

(f) the orderly exit management cost recovery mechanism under Part 8AA Division 4 Subdivision 4.

(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 90EG: Ins 2024 No 62, sec 5.