sch.3-sec.39When amended objective takes effect for particular matters

sch.3-sec.39 When amended objective takes effect for particular matters

This clause applies in relation to a thing required or permitted to be done under this Law by a person or body, other than the AEMC, if, in doing the thing, the person or body is required to consider or apply the national electricity objective including, for example, by— having regard to the national electricity objective; or doing the thing in a manner that will or is likely to contribute to the achievement of the national electricity objective. Despite section 4 of the amending Act— the national electricity objective as in force before that section came into operation continues to apply for the doing of the thing until the day (the start day ) that is 2 months after the commencement of this clause; and the amended objective applies in relation to the doing of the thing from the start day. However, if the thing required or permitted to be done relates to a relevant revenue determination— on the commencement of this clause the amended objective applies to the doing of the thing; and clause 40(3) does not apply in relation to the doing of the thing. Subclauses (1) and (2) are subject to clause 40. In this clause— relevant revenue determination means a revenue determination made under the Rules in relation to the following matters for the regulatory period 2024 to 2029: Ausgrid Operator Partnership ABN 78 508 211 731 for the distribution network supplying the Greater Sydney, Central Coast or Hunter Valley region of New South Wales; Endeavour Energy Network Operator Partnership ABN 11 247 365 823 for the distribution network in the Sydney Greater West, Blue Mountains, Southern Highlands, Illawaarra and South Coast regions of New South Wales; Essential Energy constituted under the Energy Services Corporations Act 1995 of New South Wales and specified in Part 2 of Schedule 1 of that Act; Evoenergy, the joint venture between Icon Distribution Investments Limited ACN 073 025 224 and Jemena Networks (ACT) Pty Ltd ACN 008 552 663 registered as a network service provider under section 12 (1) of this Law for the distribution network in the Australian Capital Territory; Power and Water Corporation ABN 15 947 352 360 for the distribution network in the Northern Territory; Tasmanian Networks Pty Ltd ACN 167 357 299 for the distribution network and transmission network supplying Tasmania; a successor to the business of an entity mentioned in paragraphs (a) to (f). sch 3 s 39 ins 2023 No. 26 (SA) s 8 (sch.3-sec.39-ssec.1) This clause applies in relation to a thing required or permitted to be done under this Law by a person or body, other than the AEMC, if, in doing the thing, the person or body is required to consider or apply the national electricity objective including, for example, by— having regard to the national electricity objective; or doing the thing in a manner that will or is likely to contribute to the achievement of the national electricity objective. (sch.3-sec.39-ssec.2) Despite section 4 of the amending Act— the national electricity objective as in force before that section came into operation continues to apply for the doing of the thing until the day (the start day ) that is 2 months after the commencement of this clause; and the amended objective applies in relation to the doing of the thing from the start day. (sch.3-sec.39-ssec.3) However, if the thing required or permitted to be done relates to a relevant revenue determination— on the commencement of this clause the amended objective applies to the doing of the thing; and clause 40(3) does not apply in relation to the doing of the thing. (sch.3-sec.39-ssec.4) Subclauses (1) and (2) are subject to clause 40. (sch.3-sec.39-ssec.5) In this clause— relevant revenue determination means a revenue determination made under the Rules in relation to the following matters for the regulatory period 2024 to 2029: Ausgrid Operator Partnership ABN 78 508 211 731 for the distribution network supplying the Greater Sydney, Central Coast or Hunter Valley region of New South Wales; Endeavour Energy Network Operator Partnership ABN 11 247 365 823 for the distribution network in the Sydney Greater West, Blue Mountains, Southern Highlands, Illawaarra and South Coast regions of New South Wales; Essential Energy constituted under the Energy Services Corporations Act 1995 of New South Wales and specified in Part 2 of Schedule 1 of that Act; Evoenergy, the joint venture between Icon Distribution Investments Limited ACN 073 025 224 and Jemena Networks (ACT) Pty Ltd ACN 008 552 663 registered as a network service provider under section 12 (1) of this Law for the distribution network in the Australian Capital Territory; Power and Water Corporation ABN 15 947 352 360 for the distribution network in the Northern Territory; Tasmanian Networks Pty Ltd ACN 167 357 299 for the distribution network and transmission network supplying Tasmania; a successor to the business of an entity mentioned in paragraphs (a) to (f).