137AEMO chief executive officer to prepare allocation statement or statements

137 AEMO chief executive officer to prepare allocation statement or statements (1) The chief executive officer of AEMO must give the Minister, within the period approved by the Minister, a statement or statements relating to the property, rights and liabilities of AEMO that relate to AEMO's Victorian network functions as at the relevant date. (2) A statement under this section— (a) must allocate to VicGrid all property, rights and liabilities of AEMO that relate solely to AEMO's Victorian network functions; and (b) may allocate other property, rights and liabilities of AEMO but only to the extent that that property and those rights and liabilities relate to AEMO's Victorian network functions. (3) A statement under this section must be signed by the chief executive officer of AEMO. (4) If a statement under this section is approved by the Minister— (b) the statement is an allocation statement for the purposes of this Division. (5) The Minister may at any time direct the chief executive officer of AEMO to amend a statement given to the Minister under this section as specified in the direction. (6) An allocation statement under this section may be amended by writing signed by the Minister. (7) An amendment under this section to an allocation statement made after the relevant date in relation to that statement may be made with effect from that relevant date if the Minister is satisfied that the amendment does not adversely affect any property, rights or liabilities of AEMO in relation to that statement. (8) In this section, ***statement*** and ***allocation statement*** include a statement or allocation statement amended in accordance with this section. S. 138 inserted by No. 38/2025 s. 57.