Scheme Administrator
125 Scheme Administrator
The Minister may, by written order, appoint a person or body as the Scheme Administrator.
The functions of the Scheme Administrator under this Part are to be exercised by the person or body appointed by the Minister as Scheme Administrator or, in the absence of an appointment, the Tribunal.
In determining whether to appoint a person or body as Scheme Administrator, the Minister must consider the following matters—
the costs of the appointment,
the efficiency of administrative arrangements relating to the peak demand reduction scheme,
ability to meet objectives of the peak demand reduction scheme,
proposed governance arrangements,
arrangements proposed to manage liabilities associated with carrying out the Scheme Administrator’s functions.
The Minister may limit the appointment of a person or body as Scheme Administrator to particular specified functions of the Scheme Administrator.
Regulations may be made in relation to the appointment of a Scheme Administrator by the Minister.
This Act’s bill:Explanatory memorandumSecond reading speech
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