Australian Energy Market Operator (Functions) Regulations 2015 (WA)

Western Australia Electricity Industry Act 2004 Gas Services Information Act 2012 Australian Energy Market Operator (Functions) Regulations 2015 Western Australia Australian Energy Market Operator (Functions) Regulations 2015 Contents 1. Citation 1 2. Commencement 1 3. Term used: AEMO 1 4. Functions of AEMO 1 5. Cost recovery limited 1 Notes Compilation table 1 Defined terms Western Australia Electricity Industry Act 2004 Gas Services Information Act 2012 Australian Energy Market Operator (Functions) Regulations 2015

1. Citation These regulations are the Australian Energy Market Operator (Functions) Regulations 2015.

2. Commencement These regulations come into operation as follows — (a) regulations 1 and 2 — 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. Term used: AEMO In these regulations — AEMO means the Australian Energy Market Operator (ACN 072 010 327).

4. Functions of AEMO (1) It is a function of the AEMO to prepare for the proposed conferral of a function on it under the Electricity Industry Act 2004 or the Gas Services Information Act 2012. (2) For the purposes of subregulation (1), the Minister must, by instrument in writing given to the AEMO, identify the function. (3) Without limiting the generality of subregulation (1), preparing for the proposed conferral of a function includes — (a) undertaking feasibility studies, and similar studies and analysis, for the purposes of the proposed conferral of the function; and (b) in relation to a function that is, at the time, a function of another person — (i) carrying out activities relating to a due diligence process undertaken in relation to the other person for the purposes of the proposed conferral of the function; and (ii) making arrangements relating to the transfer of information, assets, rights, liabilities, employees and contracts and other arrangements of the other person for the purposes of the proposed conferral of the function. (4) A due diligence process in relation to a person includes the following activities — (a) the examination and review of, and reporting on, information held by the person relating to — (i) the financial position of the person; (ii) the assets, rights, liabilities and contracts and other arrangements of the person; (iii) the terms and conditions on which employees of the person are employed; (b) the identification and description of, and reporting on, systems, assets, rights, liabilities, employees and contracts and other arrangements of the person; (c) the examination and review of, and reporting on, contracts and other arrangements of the person.