266Extensions of periods of time in Rule making procedure

266 Extensions of periods of time in Rule making procedure

266 Extensions of periods of time in Rule making procedure

(1) Despite anything to the contrary in this Part and without limiting section 267, the AEMC may, by notice, extend a period of time specified in Division 4 if the AEMC considers that a request for a Rule raises issues of sufficient complexity or difficulty or there is a material change in circumstances such that it is necessary that the relevant period of time specified in Division 4 be extended.

(2) A notice under subsection (1) must—

(a) be published; and

(b) set out the period of time specified in Division 4 to be extended; and

(c) specify a new period of time to apply in the place of the period of time specified in Division 4.

(3) A notice under subsection (1) may be published at the same time as a notice under section 251.

(4) The AEMC may only extend a period of time under this section before the expiry of that time.