The main purposes of this Act are—
(a) to amend the Electricity Industry Act 2000 —
(i) to repeal the electricity industry cross-ownership restrictions; and
(ii) to make amendments in relation to the subject matter of advanced metering infrastructure Orders in Council; and
(b) to amend the Gas Industry Act 2001 to repeal the gas industry cross-ownership restrictions; and
(c) to amend the National Electricity (Victoria) Act 2005 —
(i) to provide for a mechanism to address inconsistencies between the National Electricity Rules and advanced metering infrastructure Orders in Council under the Electricity Industry Act 2000 ; and
(ii) to enable the Essential Services Commission to take enforcement action in respect of contraventions or likely contraventions by electricity distributors of laws and instruments relating to the economic regulation of the provision of electricity distribution services; and
(d) to amend the National Gas (Victoria) Act 2008 —
(i) to enable the Essential Services Commission to take enforcement action in respect of contraventions or likely contraventions by gas distribution companies of laws or instruments relating to the economic regulation of the provision of gas distribution services; and
(ii) to enable a distribution system or transmission system to be declared in relation to specific provisions of the National Gas (Victoria) Law.