332Failure to make a decision under this Law or the Rules within time does not invalidate the decision

332 Failure to make a decision under this Law or the Rules within time does not invalidate the decision

332 Failure to make a decision under this Law or the Rules within time does not invalidate the decision

(1) A decision (however described) made under this Law or the Rules by a regulatory scheme decision maker after the expiry of the period of time specified by this Law or Rules for the making of that decision is not to be taken to be an invalid decision only because the decision is not made within the specified period of time.

(2) A decision to which subsection (1) applies takes effect on and from—

(a) the day it is made; or

(b) if it specifies a date for operation or effect that is after the day it is made, that specified date.

(3) In this section—

regulatory scheme decision maker means any of the following—

(a) the AER;

(b) the AEMC;

(c) AEMO.

s 332: Am 2009 No 30, sec 46; 2022 No 21, sec 85.