Victorian Current Acts Victorian Current Acts(1) On and from the transitional period commencement date the AER is, by force of this subsection—
(a) conferred a relevant regulatory function or power; and
(b) subject to a relevant regulatory duty.
(2) In addition, the AER has the functions and powers conferred, and is subject to the duties imposed, on it under this Part.
S. 23(3) amended by No. 11/2013 s. 16.
(3) For the purposes of this Part, on and from the transitional period commencement date, every reference to the Essential Services Commission (by whatever name described) in—
(a) a relevant regulatory law or instrument (as that law or instrument relates to the economic regulation of the provision of distribution services by a relevant distributor); or
(b) a specified distribution licence condition; or
(c) a specified ESC code or guideline provision—
is to be taken to be a reference to the AER or the Essential Services Commission, as the case requires.
S. 24 inserted by No. 66/2007 s. 5, amended by No. 11/2013 s. 17 (ILA s. 39B(1)).