143
CurrentReviews of peak demand reduction scheme
Schedule 4AEnergy security safeguard schemes
Part 2Peak demand reduction scheme
Division 12Miscellaneous
143 Reviews of peak demand reduction scheme
(1)
The Minister must review the operation of the peak demand reduction scheme to determine whether—
(a)
the policy objectives of the peak demand reduction scheme remain valid, and
(b)
the terms of this Part remain appropriate for securing the objectives.
(2)
A review must be undertaken—
(a)
as soon as possible after 1 July 2024, and
(b)
every 5 years after the first review.
(3)
A report on the outcome of the review must be tabled in each House of Parliament within 12 months after the end of the period to which the review relates.
This Act’s bill:Explanatory memorandumSecond reading speech
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