Conduct Regulation
The
Commission is assigned a variety of roles when it comes
to setting, approving and enforcing codes and rules
aimed at ensuring appropriate types of behaviour and
conduct by licensed or regulated entities in the
Territory’s electricity industry.
Possible Review of Certain Regulatory Instruments
The
Commission has taken an in-principle decision to
- over the next year or so - revamp the NT electricity
ring-fencing code and develop some contestable pricing
guidelines, notwithstanding regulatory policy
developments that may impact on the NT's electricity
market over the same period.
In
August 2007, the Commission released an
Issues Paper setting out the
Commission's reasoning for this preferred course of
action, in order to obtain stakeholder feedback. The
Commission advised that it would take views received into account before
deciding whether or how to proceed.
Submissions were received from four interested parties
concerning the issues raised in this Paper.
Following consideration of submissions from interested
parties, the Commission confirms its earlier
in-principle decision to revamp the NT electricity
ring-fencing code. It has however decided to await
developments before proceeding with the making of any
contestable pricing guidelines.
The Commission’s reasoning for
these decisions, and its proposed next steps is set out in more detail in the
Response Paper.
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