sch.3-sec.46Pending associate contract approvals that are approved after commencement day

sch.3-sec.46 Pending associate contract approvals that are approved after commencement day

This clause applies if on the commencement day— there is a proposed associate contract (within the meaning of section 10.8 of the Gas Code) with a relevant Regulator for approval; and the relevant Regulator has not made a decision approving or not approving the proposed associate contract. The relevant Regulator must, despite the repeal of the old access law and the Gas Code, take action in relation to that proposed associate contract under section 7.1 to 7.6 of the Gas Code as if the old access law and Gas Code continued to apply. If the relevant Regulator decides to approve the proposed associate contract under section 7.1 to 7.6 of the Gas Code, that associate contract is deemed to be an approved associate contract on, as the case requires— the day the relevant Regulator approves the associate contract in accordance with those sections; or the day the relevant Regulator is deemed to have approved the associate contract by operation of those sections. (sch.3-sec.46-ssec.1) This clause applies if on the commencement day— there is a proposed associate contract (within the meaning of section 10.8 of the Gas Code) with a relevant Regulator for approval; and the relevant Regulator has not made a decision approving or not approving the proposed associate contract. (sch.3-sec.46-ssec.2) The relevant Regulator must, despite the repeal of the old access law and the Gas Code, take action in relation to that proposed associate contract under section 7.1 to 7.6 of the Gas Code as if the old access law and Gas Code continued to apply. (sch.3-sec.46-ssec.3) If the relevant Regulator decides to approve the proposed associate contract under section 7.1 to 7.6 of the Gas Code, that associate contract is deemed to be an approved associate contract on, as the case requires— the day the relevant Regulator approves the associate contract in accordance with those sections; or the day the relevant Regulator is deemed to have approved the associate contract by operation of those sections.

• (a) there is a proposed associate contract (within the meaning of section 10.8 of the Gas Code) with a relevant Regulator for approval; and
• (b) the relevant Regulator has not made a decision approving or not approving the proposed associate contract.
• (a) the day the relevant Regulator approves the associate contract in accordance with those sections; or
• (b) the day the relevant Regulator is deemed to have approved the associate contract by operation of those sections.