63BAER must report to MCE

63B AER must report to MCE

63B AER must report to MCE

(1) At least every 2 years, the AER must report to the MCE on its work under this Division for the previous 2 years (the relevant period).

(2) The MCE may issue a direction to the AER requiring the AER to include information in the report about a stated matter that relates to the AER’s performance or exercise of its functions or powers under Chapters 3 to 5.

(3) The report must—

(a) state how many service providers the AER monitored during the relevant period for the purposes of this Division; and

(b) summarise the information obtained in relation to the matters mentioned in section 63A; and

(c) state how the AER obtained information contained in the report; and

(d) give an assessment of the behaviour of service providers in relation to the matters mentioned in section 63A; and

(e) state the extent to which service providers have complied, or failed to comply, with their obligations under this Law, the Regulations and the Rules; and

(f) include any information requested in a direction issued by the MCE under subsection (2).

(4) As soon as practicable after giving a report to the MCE under this section, the AER must publish, on its website, a version of the report that—

(a) contains aggregated information about each of the matters mentioned in section 63A; and

(b) is not likely to result in the identification of a particular service provider.

s 63B: Ins 2022 No 21, sec 43.