22Notice of investigation

22 Notice of investigation

(1)  At least 11 months before the expiration of a price determination in respect of a regulated service, the Regulator must give the relevant notice of the Regulator’s intention to make a price determination after conducting a price determination investigation.

(2)  At least 6 months before the expiration of an interim price order in respect of a regulated service, the Regulator must give the relevant notice of the Regulator’s intention to make a price determination after conducting a price determination investigation.

(3)  At least 2 months before varying a price determination in respect of a regulated service, the Regulator must give the relevant notice of the Regulator’s intention to vary the price determination after conducting a price determination investigation.

(4)  Subregulation (3) does not apply to a variation to which regulation 21(3) relates.

(5)  The relevant notice in respect of a price determination investigation is given by the regulator under subregulation (1) or (2) if a notice containing the relevant matters is –

(a) given to the Treasurer; and

(b) given to each regulated entity that provides the regulated service to which the investigation is to relate; and

(c) published in such newspapers circulating in Tasmania, or in such other manner, as the Regulator thinks fit; and

(d) set out on a website of the Regulator for a period of not less than 60 days.

(6)  A notice for the purpose of this regulation in relation to a price determination investigation is to specify –

(a) the regulated service to which the investigation is to relate; and

(b) the purpose of the investigation; and

(c) the day by which the price determination, or variation of a price determination, to which the investigation relates is to be made; and

(d) the proposed duration of the regulatory period of the price and service plan in respect of the regulated service; and