Electricity Regulation (Amendment) (Single Electricity Market) Act 2007

Performance of functions relating to Single Electricity Market.

10.— The Act of 1999 is amended by the insertion after section 9BC (inserted by section 9 of this Act) of the following:

“Performance of functions relating to Single Electricity Market.

9BD.— The Minister, the Commission and the SEM Committee shall have regard to the objective that the performance of any of their respective functions in relation to the Single Electricity Market should, to the extent that the person exercising the function believes is practical in the circumstances, be transparent, accountable, proportionate, consistent and targeted only at cases where action is needed.”.