317Extension of periods of time in Rule making procedure

317 Extension of periods of time in Rule making procedure

317 Extension of periods of time in Rule making procedure

(1) Despite anything to the contrary in this Chapter and without limiting section 318, the AEMC may, by notice, extend a period of time specified in Chapter 9 Part 3 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 Chapter 9 Part 3 be extended.

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

(a) be published; and

(b) set out the period of time specified in Chapter 9 Part 3 to be extended; and

(c) specify a new period of time to apply in the place of the period of time specified in Chapter 9 Part 3.

(3) A notice under subsection (1) may be published at the same time as a notice under section 303.

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