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ELECTRICITY SUPPLY INDUSTRY AMENDMENT BILL 60 OF 2010

                              FACT SHEET


       ELECTRICITY SUPPLY INDUSTRY AMENDMENT BILL 2010



   The Electricity Supply Industry Amendment Bill 2010 will amend the Electricity
   Supply Industry Act 1995 by repealing the expiry clause relating to Division 3
   of the Act.

   This Division allows the Minister responsible for this part of the Act, currently
   the Treasurer, to establish, by way of a Ministerial Notice, principles to be
   followed by Hydro Tasmania in the bidding of Basslink and the making
   available of revenues from the transfer of electricity between Tasmania and
   Victoria through Basslink.

   The Bill will ensure that Division 3 remains in the Act after 31 December 2010.
 
 

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