Electricity Act 1994

The Minister may delegate to QCA all or any of the Minister’s functions under section 90(1).

The delegation may state the terms of reference of the price determination.

The terms of reference may specify the following—

the period for which the price determination is to apply;

the time frame within which QCA is to make and publish reports on the price determination;

the particular policies or principles QCA is to consider when making the price determination;

the matters QCA must consider when working out the notified prices and making the price determination;Example—the particular methodology to be used to determine the prices

the consultation requirements QCA must comply with before making the price determination.

The terms of reference may—

apply generally to all tariffs or be limited in its application by reference to specified exceptions or factors; or

apply differently according to different factors of a specified kind.