Commonwealth Consolidated Acts

COMPETITION AND CONSUMER ACT 2010 - SECT 53N

Gas commodities

  (1)   A gas market instrument may limit the application of:

  (a)   the instrument; or

  (b)   a specified provision of the instrument; or

  (c)   a specified rule included in the instrument;

such that the instrument, the specified provision or the specified rule applies only in relation to supplying or acquiring specified gas commodities.

Geography

  (2)   A gas market instrument may limit the application of:

  (a)   the instrument; or

  (b)   a specified provision of the instrument; or

  (c)   a specified rule included in the instrument;

such that the instrument, the specified provision or the specified rule applies:

  (d)   only in relation to parts of Australia in relation to which specified requirements are met; or

  (e)   in relation to all parts of Australia other than parts of Australia in relation to which specified requirements are met.

Note:   A gas market instrument may specify a requirement for the purposes of this subsection:

(a)   by reference to the Minister, the Commission or another person or body being satisfied that particular requirements are met; or

(b)   by providing for the Minister, the Commission or another person or body to make a legislative, notifiable or other instrument.

  See sections   53ZB and 53ZD.

  (3)   Subsection   (2) is subject to section   53ZG.

Note:   Section   53ZG provides that a gas market instrument must not give preference to one State or any part thereof.

Time

  (4)   A gas market instrument may provide that:

  (a)   the instrument; or

  (b)   a specified provision of the instrument; or

  (c)   a specified rule included in the instrument;

applies:

  (d)   at a specified time; or

  (e)   during a specified period; or

  (f)   on an ongoing basis (subject to subsection   53M(7)).

  (5)   Subsection   (4) does not limit Part   4 of Chapter   3 of the Legislation Act 2003 .

Note:   Part   4 of Chapter   3 of the Legislation Act 2003 is about sunsetting of legislative instruments.

Interaction with Acts Interpretation Act 1901

  (6)   This section does not limit subsection   33(3A) of the Acts Interpretation Act 1901 .

Note:   Under subsection   33(3A) of the Acts Interpretation Act 1901 , a gas market instrument may make different provision with respect to different matters or different classes of matters.