Rules 1 - 4
1. Title
These rules are the Gas (Downstream Reconciliation) Rules 2008.
2. Purpose
The purpose of these rules is to establish a set of uniform processes that will enable the fair, efficient, and reliable downstream allocation and reconciliation of downstream gas quantities.
3. Outline
These rules provide for –
3.1 The appointment of an allocation agent; and
3.2 Processes for the:
3.2.1 provision of gas injection and consumption information; and
3.2.2 allocation by the allocation agent of daily gas quantities for each calendar month to retailers at gas gates; and
3.2.3 reconciliation of downstream gas quantities; and
3.3 Mandatory information disclosure and reporting by the allocation agent, allocation participants, and the industry body; and
3.4 Ancillary matters related to the process of allocation and reconciliation such as funding by industry participants and audits.
4. Commencement
4.1 Subject to rule 4.2, these rules come into force on the 28th day after their notification in the Gazette.
4.2 Rules 27 to 75 come into force on the go-live date.
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