New South Wales National Electricity (New South Wales) Regulation 2015 under the National Electricity (New South Wales) Act 1997 His Excellency the Governor, with the advice of the Executive Council, has made the following Regulation under the National Electricity (New South Wales) Act 1997. ANTHONY ROBERTS, MP Minister for Industry, Resources and Energy Explanatory note The object of this Regulation is to modify the operation of the National Electricity Rules, to the extent that they apply as a law of New South Wales, by: (a) providing that the lessor of a transacted distribution system or transacted transmission system under the Electricity Network Assets (Authorised Transactions) Act 2015 is exempt from the requirement under those Rules that the owner of a transmission or distribution system be registered as a network service provider, and (b) replacing a reference to TransGrid. This Regulation is made under the National Electricity (New South Wales) Act 1997, including section 9 (2). Published LW 24 November 2015 (2015 No 714) National Electricity (New South Wales) Regulation 2015 [NSW] Contents Contents Page 1 2 3 4 Name of Regulation Commencement Modification of National Electricity Rules--registration as Network Service Provider Modification of National Electricity Rules--transitional arrangements for TransGrid 3 3 3 3 Page 2 Published LW 24 November 2015 (2015 No 714) National Electricity (New South Wales) Regulation 2015 [NSW] National Electricity (New South Wales) Regulation 2015 under the National Electricity (New South Wales) Act 1997 1 Name of Regulation This Regulation is the National Electricity (New South Wales) Regulation 2015. 2 Commencement (1) (2) This Regulation (except clause 4) commences on the day on which it is published on the NSW legislation website. Clause 4 commences on the date designated by the Treasurer by order in writing as the date of completion of the authorised transaction in relation to TransGrid for the purposes of the Electricity Network Assets (Authorised Transactions) Act 2015. The National Electricity Rules are modified by inserting after clause 9.12 in Part B of Chapter 9 the following clause: 9.12A Registration as a Network Service Provider 3 Modification of National Electricity Rules--registration as Network Service Provider The lessor of a transacted distribution system or transacted transmission system under the Electricity Network Assets (Authorised Transactions) Act 2015 is exempt from complying with clause 2.5.1 in relation to the activity of owning the transmission system or distribution system to which the lease concerned relates, but only while the lease concerned is in force. 4 Modification of National Electricity Rules--transitional arrangements for TransGrid The National Electricity Rules are modified as follows: (a) omit the word "TransGrid" from clause 9.14.1 in Part B of Chapter 9 and insert instead the words "the transmission system operator", (b) renumber clause 9.14.1 as clause 9.14.1 (a), (c) insert after clause 9.14.1 (a) as so renumbered the following paragraph: (b) In this clause, transmission system operator means the Network Service Provider that operates the transmission system that is a transacted transmission system under the Electricity Network Assets (Authorised Transactions) Act 2015. Page 3 Published LW 24 November 2015 (2015 No 714)