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ECONOMIC REGULATOR (CONSEQUENTIAL AMENDMENTS) BILL 82 OF 2009

                                   FACT SHEET


    ECONOMIC REGULATOR (CONSEQUENTIAL AMENDMENTS)
                      BILL 2009


�   The Economic Regulator Bill 2009 establishes the Tasmanian Economic
    Regulator to be the new regulator for the electricity supply, water, sewerage and
    gas industries, and to be responsible for the functions of the Government Prices
    Oversight Commission.

�   A number of consequential amendments are required to ensure that other
    relevant legislation reflects the new arrangements.

�   The Economic Regulator (Consequential Amendments) Bill 2009 includes
    consequential amendments to the Electricity Supply Industry Act 1995,
    Gas Act 2000, Gas Pipelines Act 2000 and Water and Sewerage Industry
    Act 2008 to provide that the Tasmanian Economic Regulator is the regulator for
    these industries.

�   The Bill assigns responsibility for certain safety-related functions to the relevant
    Secretary, currently the Secretary of Justice. These functions have, for several
    years, been delegated by the Commissioner to Workplace Standards Tasmania,
    as Workplace Standards Tasmania has the requisite expertise and knowledge to
    administer these functions.
 
 

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