Australian Energy Market Amendment (Gas Legislation) Act 2007 (45 of 2007)

Schedule 1   Amendments commencing on Proclamation

Part 1   Amendments

Trade Practices Act 1974

74   Subsections 44G(5), (6) and (7)

Repeal the subsections, substitute:

(5) In deciding whether a regime is an effective access regime, the Council must disregard Chapter 5 of a National Gas Law.

(6) The Council cannot recommend declaration of a service provided by means of a pipeline (within the meaning of a National Gas Law) if:

(a) a 15-year no-coverage determination is in force under the National Gas Law in respect of the pipeline; or

(b) a price regulation exemption is in force under the National Gas Law in respect of the pipeline.