National Electricity (South Australia) (Firm Energy Reliability and Orderly Exit Management) Regulations 2025

For the purposes of section 118AB of the

National Electricity (South Australia)

Law—

the whole of Part 8AA of that Law applies in South Australia on and from the day on which these regulations come into operation; and

the financial vehicle for the purposes of that Part (the

OEMF financial vehicle) is to be established (as the

Minister thinks fit)—

if the Scheme Administrator has appointed a Financial Vehicle under regulation 9(3)—by the Minister conferring, by notice in the Gazette, the functions referred to in section 118AS of the

National Electricity (South Australia)

Law on the Financial Vehicle; or

in any case—by the Minister establishing a body (including a company established under the Corporations Act 2001 of the

Commonwealth) and, by notice in the Gazette, identifying that body as the financial vehicle for the purposes of Part 8AA.