Electricity Supply Act 1995 No 94
87 Licence auditing functions of Tribunal
(1) The functions of the Tribunal under this Division are to monitor,
and report to the Minister on, the extent to which distribution network
service providers and retail suppliers comply, or fail to comply, with the
conditions imposed on the licences held by them and the endorsements attached
to licences held by them.
(1A) Without limiting subsection (1), the Tribunal must, if requested
by the Treasurer, monitor and report to the Minister and the Treasurer on the
extent to which standard retail suppliers or a specified standard retail
supplier comply, or fail to comply, with the conditions set out in section
(1B) The Tribunal must prepare and forward to the Treasurer and the
Minister a report requested under subsection (1A) within the period specified
in the request.
(2) For the purpose of enabling the Tribunal to exercise its
functions, the Minister must furnish the Tribunal with such information in the
possession of the Minister as the Tribunal may request in relation to the
compliance by distribution network service providers and retail suppliers with
the conditions imposed on the licences held by them and the endorsements
attached to licences held by them.
(3) This section does not apply to a condition referred to in section
32G or 43E.