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FACT SHEET
ECONOMIC REGULATOR (CONSEQUENTIAL AMENDMENTS)
BILL 2009
· The Economic Regulator Bill 2009 establishes the Tasmanian Economic
Regulator to be the new regulator for the electricity supply, water, sewerage and
gas industries, and to be responsible for the functions of the Government Prices
Oversight Commission.
· A number of consequential amendments are required to ensure that other
relevant legislation reflects the new arrangements.
· The Economic Regulator (Consequential Amendments) Bill 2009 includes
consequential amendments to the Electricity Supply Industry Act 1995,
Gas Act 2000, Gas Pipelines Act 2000 and Water and Sewerage Industry
Act 2008 to provide that the Tasmanian Economic Regulator is the regulator for
these industries.
· The Bill assigns responsibility for certain safety-related functions to the relevant
Secretary, currently the Secretary of Justice. These functions have, for several
years, been delegated by the Commissioner to Workplace Standards Tasmania,
as Workplace Standards Tasmania has the requisite expertise and knowledge to
administer these functions.