Victorian Numbered Acts

ENERGY LEGISLATION FURTHER AMENDMENT ACT 2007 (NO. 55 OF 2007) - SECT 28

After section 67 of the Gas Industry Act 2001 insert —

        " 67A     Commission directions to VENCorp in relation to supplier of last resort trigger events

    (1)     The Commission, by written notice, may direct VENCorp to do a thing specified in the notice so that a relevant customer in the retail gas market regulated under the VENCorp retail gas market rules can be supplied gas by a supplier of last resort on the occurrence of a trigger event.

    (2)     Despite anything to the contrary in this Act, the VENCorp retail gas market rules or the MSO Rules, VENCorp must comply with a notice under subsection (1).

    (3)     In this section—

"relevant customer "has the same meaning as in section 51A;

"supplier of last resort" has the same meaning as in section 51A;

"trigger event" has the same meaning as in section 51A;

"VENCorp retail gas market rules" means retail gas market rules developed by VENCorp under section 62 and approved by the Commission under section 65 that are in effect.".