sec.30AADefinitions

sec.30AA Definitions

In this Division— bilateral trading agreement means an agreement, entered into outside a wholesale gas market, to supply covered gas— to a wholesale gas market participant; or to an end user— other than by a retailer; or by a retailer in a quantity exceeding the amount prescribed by the wholesale market monitoring guidelines; effective competition has the meaning given by section 30AB ; financial risk management product means a contract or other arrangement, entered into by a wholesale gas market participant, to manage financial risk including, without limitation, risks associated with the following: volatility in the price for 1 or more covered gases in a wholesale gas market; volatility in supply and demand in a wholesale gas market; volatility in the price of services involved in the extraction, refinement or processing, transportation or storage of 1 or more covered gases; gas contract means an agreement, entered into by a wholesale gas market participant, however described and whether coming into existence before or after the commencement of this section that relates to 1 or more of the following: the supply of covered gas; the purchase of covered gas; the transportation of covered gas; the storage of covered gas; the refining or processing, including compression and blending, of covered gas; relating to emissions produced or avoided in the extraction, refining or processing, supply or use of covered gas; a function or process prescribed by the Regulations or the Rules; relevant agreement means the following: a bilateral trading agreement; a financial risk management product; a gas contract; wholesale gas market means— a wholesale market for covered gas, regulated under this Law and the Rules, including the following: a declared wholesale gas market; a short term trading market; a gas trading exchange; or a wholesale market for the transportation or storage of covered gas including a capacity auction; or a wholesale market prescribed by the Regulations; wholesale gas market participant means person who is 1 or more of the following: a person who is registered on the Gas Bulletin Board; a person who supplies covered gas to or withdraws covered gas from a gas trading exchange administered by AEMO; a Registered participant; a member of a class of persons prescribed by the Regulations or the Rules; wholesale market monitoring guidelines means the guidelines prepared under section 30AT . s 30AA ins 2024 No. 12 (SA) s 15

• (a) to a wholesale gas market participant; or
• (b) to an end user— (i) other than by a retailer; or (ii) by a retailer in a quantity exceeding the amount prescribed by the wholesale market monitoring guidelines;
• (i) other than by a retailer; or
• (ii) by a retailer in a quantity exceeding the amount prescribed by the wholesale market monitoring guidelines;