Electricity Amendment Bill 2001 (Qld)

Queensland

ELECTRICITY AMENDMENT BILL 2001

Queensland

ELECTRICITY AMENDMENT BILL 2001

TABLE OF PROVISIONS Section Page 1 Short title... eens 4 2 Act amended... 2... e eee ee 4 3 Insertion of new ss 89A and 89B ... 0... eee eee eee 4

89A Minister may decide distribution service pricing for Mount Isa—Cloncurry supply network ...............0.00000. 4

89B Minister may direct the QCA to decide distribution service pricing for Mount Isa—Cloncurry supply network .................0005 5

4 Amendment of sch 5 (Dictionary).......... 0.0... e eee eee eee eee ee 5

A BILL FOR

An Act to amend the Electricity Act 1994

Clause

Clause

Clause

sl 4 s3 Electricity Amendment Bill 2001

The Parliament of Queensland enacts—

1 Short title This Act may be cited as the Electricity Amendment Act 2001.

2 Act amended This Act amends the Electricity Act 1994.

3 Insertion of new ss 89A and 89B Chapter 4, part 2— insert—

'89A Minister may decide distribution service pricing for Mount Isa—Cloncurry supply network

'(1) This section applies to customer connection services provided by the owner of the Mount Isa—Cloncurry supply network and relating to the supply network.

'(2) The Minister may decide, in the way the Minister considers appropriate, the prices, or a methodology to fix the prices that the owner may charge to provide the services.

'(3) Without limiting subsection (2), a methodology to fix prices may include a methodology for fixing a maximum revenue that the owner may earn from operating the supply network.

'(4) The Minister must, in making a decision, consider the objects of the Act and relevant service quality standards.

'(5) The Minister must notify the prices, or methodology to fix the prices, by gazette notice.

'(6) The prices or methodology to fix the prices notified take effect— (a) ona day stated in the notice; or (b) if no day is stated in the notice—on the day the notice is gazetted.