Terms used
3 Terms used
In these regulations —
AEMO means the Australian Energy Market Operator Limited (ACN 072 010 327);
asset means property of any kind whether tangible, intangible, real or personal and includes (without limitation) any chose in action, goodwill, right, interest or claim of any kind, whether arising from, accruing under, created or evidenced by or the subject of an instrument or otherwise and whether liquidated or unliquidated or actual, contingent or prospective;
Coordinator means the Coordinator of Energy under the Energy Coordination Act 1994 section 4;
IMO Regulations means the Electricity Industry (Independent Market Operator) Regulations 2004;
liability means any liability, duty or obligation —
whether liquidated or unliquidated or actual, contingent or prospective; and
whether owed alone or jointly or jointly and severally with any other person;
market participant means —
a participant as defined in the Electricity Industry Act 2004 section 121(2); or
a gas market participant as defined in the Gas Services Information Act 2012 section 3(1);
repeal day means the day on which regulation 4 comes into operation;
reporting officer means the person designated as the reporting officer under regulation 8(2);
right means any right, power, privilege or immunity whether actual, contingent or prospective;
WEM rules means the market rules made under the Electricity Industry (Wholesale Electricity Market) Regulations 2004 Part 2.
A term has the same meaning in these regulations as it has in the IMO Regulations, as in force immediately before repeal day.
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