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ELECTRICITY SUPPLY INDUSTRY AMENDMENT BILL 2010 NOTES ON CLAUSES Clause 1 Short title. Clause 2 Fixes the date of commencement of the Act as being the day on which it receives Royal Assent. Clause 3 Refers to the Electricity Supply Industry Act 1995 as the Principal Act. Clause 4 Repeals section 37A of the Electricity Supply Industry Act 1995. Section 37A sets an expiry date of 31 December 2010 for Division 3 of the Electricity Supply Industry Act 1995, which establishes a power for the Treasurer to impose restrictions on how Hydro Tasmania bids Basslink into the National Electricity Market. The repeal of section 37A therefore allows Division 3 to remain in the Act. Clause 5 Provides that this Act will be repealed after 90 days.