91MANature of Retail Market Procedures

91MA Nature of Retail Market Procedures

91MA Nature of Retail Market Procedures

(1) Retail Market Procedures are a form of statutory instrument directed at the regulation of a retail gas market.

(2) The Retail Market Procedures may deal with the following matters—

(a) the matters specified by the Rules;

(b) any other matter relevant to a regulated retail gas market on which this Law or the Rules contemplate the making of Procedures.

(3) The Retail Market Procedures—

(a) may apply to regulated retail gas markets generally or any 1 or more of the regulated retail gas markets; and

(b) may vary according to the persons, times, places or circumstances to which they are expressed to apply; and

(c) may confer functions or powers on, or leave any matter or thing to be decided by, AEMO; and

(d) may confer rights or impose obligations on Registered participants, exempted participants, users, end users or other persons; and

(e) may require a Registered participant or an exempted participant to give an indemnity against injury, damage or loss arising from the participant’s failure to comply with requirements imposed by the Procedures; and

(f) may confer power on AEMO to make or issue guidelines, tests, standards and other documents of an administrative nature; and

(g) may confer power on AEMO to require a person on whom a right is conferred, or an obligation imposed, under the Procedures—

(i) to comply with a guideline, standard or other document of an administrative nature; or

(ii) to conduct, or submit to, a test designed by AEMO under the Procedures; and

(h) may exempt, or confer a power of exemption, from the application of the Procedures or specified provisions of the Procedures; and

(i) may contain provisions of a savings or transitional nature.

(4) AEMO must not, without the consent of the MCE, make Retail Market Procedures that confer a right or function, or impose an obligation, on the MCE or a Minister of a participating jurisdiction.