Western Australian Legislation
Western Australia Electricity Industry Act 2004 Gas Services Information Act 2012 Electricity Industry (Independent Market Operator) Repeal Regulations 2018 Western Australia Electricity Industry (Independent Market Operator) Repeal Regulations 2018 Contents Part 1 — Preliminary 1. Citation 1 2. Commencement 1 3. Terms used 1 Part 2 — Repeal of IMO Regulations 4. Regulations repealed 3 5. Directors and chief executive officer go out of office 3 Part 3 — Winding up of affairs of IMO Division 1 — IMO continues for transitional purposes 6. IMO to continue for transitional purposes 4 Division 2 — Residual assets and liabilities of IMO 7. Dealing with residual assets and liabilities of IMO 4 Division 3 — Final reporting, final reconciliation and dissolution of IMO 8. Reporting officer 5 9. Final reporting 6 10. Final reconciliation 7 11. Closing bank accounts 8 12. IMO dissolved 8 Division 4 — General matters 13. Reporting officer entitled to access to information 8 14. Delivery of and access to records 9 15. Registration of documents 9 Part 4 — Miscellaneous matters 16. Effect of regulations on existing rights and obligations 11 17. Application of Interpretation Act 1984 11 18. Repeal of these regulations 11 Notes Compilation table 12 Defined terms Electricity Industry Act 2004 Gas Services Information Act 2012 Electricity Industry (Independent Market Operator) Repeal Regulations 2018
Part 1 — Preliminary
1. Citation These regulations are the Electricity Industry (Independent Market Operator) Repeal Regulations 2018.
2. Commencement These regulations come into operation as follows — (a) Part 1 — on the day on which these regulations are published in the Gazette; (b) the rest of the regulations — on the day after that day.
3. Terms used (1) In these regulations — AEMO means the Australian Energy Market Operator Limited (ACN 072 010 327); asset means property of any kind whether tangible, intangible, real or personal and includes (without limitation) any chose in action, goodwill, right, interest or claim of any kind, whether arising from, accruing under, created or evidenced by or the subject of an instrument or otherwise and whether liquidated or unliquidated or actual, contingent or prospective; Coordinator means the Coordinator of Energy under the Energy Coordination Act 1994 section 4; IMO Regulations means the Electricity Industry (Independent Market Operator) Regulations 2004; liability means any liability, duty or obligation — (a) whether liquidated or unliquidated or actual, contingent or prospective; and (b) whether owed alone or jointly or jointly and severally with any other person; market participant means — (a) a participant as defined in the Electricity Industry Act 2004 section 121(2); or (b) a gas market participant as defined in the Gas Services Information Act 2012 section 3(1); repeal day means the day on which regulation 4 comes into operation; reporting officer means the person designated as the reporting officer under regulation 8(2); right means any right, power, privilege or immunity whether actual, contingent or prospective; WEM rules means the market rules made under the Electricity Industry (Wholesale Electricity Market) Regulations 2004 Part 2. (2) A term has the same meaning in these regulations as it has in the IMO Regulations, as in force immediately before repeal day.
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