Part 2
Electricity industry governance
Electricity Industry Participation Code:
Making and amending Code
39Consultation on proposed amendments
Before amending the Code, the Authority must—
- publicise a draft of the proposed amendment; and
- prepare and publicise a regulatory statement; and
- consult on the proposed amendment and the regulatory statement.
The regulatory statement required for a proposed amendment to the Code must include the following:
- a statement of the objectives of the proposed amendment:
- an evaluation of the costs and benefits of the proposed amendment:
- an evaluation of alternative means of achieving the objectives of the proposed amendment.
Despite subsection (1), the Authority need not comply with subsection (1)(b) or (c) if it is satisfied on reasonable grounds that—
- the nature of the amendment is technical and non-controversial; or
- there is widespread support for the amendment among the people likely to be affected by it; or
- there has been adequate prior consultation (for instance, by or through an advisory group) so that all relevant views have been considered.