Competition and Consumer Act 2010

A gas market code may include rules about negotiations relating to supplying or acquiring a gas commodity.

A gas market code may include rules about expressions of interest relating to supplying or acquiring a gas commodity, including:

rules requiring a gas market participant to issue, or not to issue, an expression of interest in specified circumstances; or

rules about any of the following matters:

matters to which regard is had before issuing an expression of interest;

the manner in which an expression of interest is issued (for example, in writing);

information that is included in an expression of interest or made available in connection with an expression of interest (including the manner in which the information is made available);

the content of an expression of interest;

the period during which an expression of interest is open;

responding to an expression of interest;

dealing with a response to an expression of interest, including by providing information, making an offer or entering into an agreement;

withdrawing an expression of interest.

A gas market code may include rules about offers relating to supplying or acquiring a gas commodity, including:

rules requiring a gas market participant to make, or not to make, an offer in specified circumstances; or

rules about any of the following matters:

matters to which regard is had before making an offer;

the manner in which an offer is made (for example, in writing);

information that is included in an offer, or made available in connection with an offer (including the manner in which the information is made available);

the content of an offer;

the period during which an offer is open;

responding to an offer;

dealing with a response to an offer, including by providing information;

withdrawing an offer.