Electricity Act 1994

A transmission authority is subject to the following conditions—

the transmission entity must comply with—

the technical conditions of operating the transmission grid stated in the authority or prescribed under the regulations; and

if the entity is a Registered participant—the National Electricity (Queensland) Law, the National Electricity Rules and directions given to it under this Act, the National Electricity (Queensland) Law or the National Electricity Rules; and

the conditions stated in sections 32, 33, 34, 35 and 36; and

conditions imposed under the regulations; and

conditions stated in the authority;

the transmission entity must properly take into account the environmental effects of its activities under the authority;

the transmission entity must pay the amounts required under the authority or the regulations for administering the authority and its conditions;

if the transmission entity is a regulated transmission system operator—the entity must also pay an annual fee that is a proportion of the cost of the State’s funding commitments to national energy market regulation.

The fee mentioned in subsection (1)(d) for a transmission entity is calculated based on the length of the electric lines making up the transmission grid operated by the entity.

In this section—AEMC has the meaning given in the National Electricity (Queensland) Law.national energy market regulation means the functions and powers of the AEMC under the National Electricity (Queensland) Law, section 29.regulated transmission system operator has the meaning given in the National Electricity (Queensland) Law.