Victorian Current Acts Victorian Current ActsA relevant regulatory function or power is—
(a) a function or power the ESC had, immediately before the transitional period commencement date, under a relevant regulatory law or instrument that relates to the economic regulation of the provision of distribution services by a relevant distributor other than a function or power—
(i) to (or refuse to) grant, vary, revoke, or approve the transfer of, a distribution licence; or
(ii) to make or amend a code or guideline that relates to the provision of distribution services; or
(b) a function or power the ESC has under—
(i) a specified distribution licence condition; or
(ii) a specified ESC code or guideline provision.
S. 21 inserted by No. 66/2007 s. 5.