Regulations
Subpart 2 of Part 14 of the Electricity Act 1992 provides for the making of regulations governing the electricity industry, including (but not limited to) a low fixed charge tariff option for domestic consumers, a code of access for beneficiaries of customer and community trusts, reserve energy, distributed generation and electricity governance. Electricity governance regulations may be made to cover the wholesale market, generation, transmission, and distribution and retailing.
Part 15 of the Act provides for the Electricity Commission to be responsible for developing recommendations on electricity governance regulations or rules that give effect to its principal objectives and specific outcomes. Part 15 also sets out the Electricity Commission's functions and accountability requirements.
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