Regulations for the GBB and GSOO
7 Regulations for the GBB and GSOO
The regulations are to provide for —
the establishment and operation of a GBB; and
the preparation and publication of a GSOO.
The regulations may —
confer on a person functions relating to establishing and operating the GBB and preparing and publishing the GSOO;
confer, or authorise the rules to confer, on the Minister or another person functions relating to the functions referred to in paragraph (a);
make amendments to subsidiary legislation made under any other Act consequential on, and relating to, a function having been conferred on a person under paragraph (a) or (b);
impose obligations on gas market participants to provide to the operator information specified in the regulations or the rules;
authorise the operator to impose obligations on gas market participants (generally or individually) to provide to the operator information requested by the operator;
provide for compliance with obligations under paragraphs (d) and (e);
provide for the relationship between the Minister, or another Minister, and a person referred to in paragraph (a) or (b) in respect of the performance of the person’s functions generally;
provide, or authorise the rules to provide, for the resolution of disputes arising under this Act;
control the use and disclosure of protected information.
The functions conferred under subsection (2)(a) must include the following functions —
to collect, collate and manage information for the GBB and the GSOO;
to derive from the information referred to in paragraph (a) information for inclusion on the GBB or in the GSOO;
to include information on the GBB of the kinds that may or must be included on the GBB under this Act;
to prepare and publish the GSOO periodically.
If conferring a function under subsection (2)(a) or (b), or the making of subsidiary legislation under subsection (2)(c), would otherwise be inconsistent with a written law —
the function may be conferred despite the written law; and
the subsidiary legislation may be amended despite the written law.
The persons on whom functions may be conferred under subsection (2)(a) or (b) include —
the person from time to time holding, acting in or lawfully performing the functions of, an office under a written law;
a body established under a written law.
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