Energy Coordination Act 1994

A retail market scheme for a distribution system is to consist of —

one or more agreements made between persons who are gas market participants in relation to that system;

a formal entity (whether a company, partnership, trust or otherwise) to provide the structure through which the scheme is administered; and

a set of retail market rules.

An agreement for the purposes of subsection (1)(a) may take the form of a provision by which a person, on becoming a member of a formal entity, is taken to agree to specified matters.

The documentation for the matters mentioned in subsection (1)(a) and (b) is to set out —

the arrangements and understandings between the gas market participants concerned;

their mutual rights and obligations; and

all necessary incidental and supplementary provisions,

Without limiting subsection (3), provision is to be made in the documentation for a retail market scheme for —

the administration of the scheme;

the cost of administration to be met by the gas market participants who are members of the scheme;

how those costs are to be borne as between the gas market participants concerned;

reporting to the Authority on the operation of the scheme;

the resolution of disputes and questions that may arise between the gas market participants concerned;

the scheme to be accessible to any gas market participant in relation to the relevant distribution system; and

any other matter that is prescribed.