An Act to amend the Electricity Supply Act 1995 with respect to the determination of the price for the provision of electricity network services by a transmission operator.

1   Name of Act

This Act is the Electricity Supply Amendment Act 1999.

2   Commencement

This Act commences or is taken to have commenced on 1 July 1999.

3   Amendment of Electricity Supply Act 1995 No 94

The Electricity Supply Act 1995 is amended as set out in Schedule 1.

Schedule 1 Amendments

(Section 3)

[1]   Section 43M

Omit the section. Insert instead:

  

43M   Definitions

In this Division:

Code means the National Electricity Code, as in force from time to time, referred to in the National Electricity (NSW) Law.

direct customer of a transmission operator has the same meaning as in Division 1.

electricity network pricing determination means a determination of the transmission network service pricing in accordance with the Code for the provision of electricity transmission network services by a transmission operator.

electricity transmission network services means transmission network services regulated under Chapters 6 and 9 of the Code.

[2]   Section 43N Pricing of electricity for direct customers

Omit “maximum price for electricity network services” from section 43N (1).

Insert instead “price for electricity transmission network services”.

[3]   Section 43N (1)

Omit “IPART”.

[4]   Section 43N (2) and (3)

Omit section 43N (2). Insert instead:

  

(2)  An electricity network pricing determination increased in accordance with this section has effect under the Code as if the determination included the increase.

(3)  An electricity network pricing determination that includes an amount determined by an order made as referred to in subsection (1) is not to be further increased in accordance with this section.

[5]   Dictionary

Omit “transmission and” from the definition of electricity network services.

Historical notes

The following abbreviations are used in the Historical notes:

Table of amending instruments

Electricity Supply Amendment Act 1999 No 35. Assented to 7.7.1999. Date of commencement, 1.7.1999, sec 2.