Electricity Industry Act 2004

The regulations may prescribe all matters that are necessary or convenient to be prescribed in relation to the following —

meeting the State electricity objective;

the purpose set out in section 122(1);

any matters that may be included in the electricity system and market rules.

Without limiting section 122, 123 or 131 or subsection (1), the regulations may —

regulate the conduct of persons and impose obligations on them; and

confer functions, or authorise the electricity system and market rules to confer functions, on the Minister, the Authority or the Coordinator or any other person (including a person holding an office under a written law or a body established under a written law); and

provide for the establishment, or authorise the formation, of a body (including a body corporate) and confer functions, or authorise the electricity system and market rules to confer functions, on a body so established or formed; and

provide for the relationship between the Minister, or another Minister, and a governance participant in respect of the performance of the functions of the governance participant; and

provide, or authorise the electricity system and market rules to provide, for the resolution of disputes between participants; and

in respect of costs incurred in the performance of functions conferred on a governance participant, provide for —

the implementation of accounting arrangements to enable those costs to be identified; and

the allocation of those costs between participants; and

the recovery of those costs.

Without limiting subsection (2)(a), the regulations may prohibit persons from engaging in an activity specified in the regulations unless they are registered in accordance with the electricity system and market rules.

Without limiting subsection (2)(n), if it is inappropriate to prescribe a set fee or charge in connection with the performance of a particular function the regulations may provide for the method of calculating the fee or charge, including calculation according to the cost of performing that function.

If there is an inconsistency between a provision of the regulations and a provision of the electricity system and market rules, the provision of the regulations prevails.