National Energy Retail Law (Queensland)
sec.273Obligation of regulated entities to establish arrangements to monitor compliance
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sec.273 Obligation of regulated entities to establish arrangements to monitor compliance
A regulated entity must establish policies, systems and procedures to enable it to efficiently and effectively monitor its compliance with the requirements of this Law, the National Regulations and the Rules. The policies, systems and procedures must be established and observed in accordance with the relevant provisions of the AER Compliance Procedures and Guidelines. (sec.273-ssec.1) A regulated entity must establish policies, systems and procedures to enable it to efficiently and effectively monitor its compliance with the requirements of this Law, the National Regulations and the Rules. (sec.273-ssec.2) The policies, systems and procedures must be established and observed in accordance with the relevant provisions of the AER Compliance Procedures and Guidelines.