Page 2784 - Week 07 - Wednesday, 6 June 2012

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Schedule 3

National Energy Retail Law (Consequential Amendments) Bill 2012

Amendments moved by the Minister for the Environment and Sustainable Development

1

Proposed new part 7A

Page 18, line 12—

insert

Part 7A   Energy Efficiency (Cost of Living) Improvement Act 2012

39A  Dictionary

  Section 3, note 1

substitute

Note 1  The dictionary at the end of this Act defines certain terms used in this Act, and includes references (signpost definitions) to other terms defined elsewhere in this Act.

For example, the signpost definition ‘approved abatement factor—see section 18.’ means that the term ‘approved abatement factor’ is defined in that section.

39B  Working out priority household obligation 

  Section 15 (2) (b), formula 

omit

SESO

substitute

RESO

39C  Section 15 (2) (b), definition of SESO

substitute

RESO means the tier 1 NERL retailer’s energy savings obligation for the compliance period.

39D  Compliance with energy savings obligations—supplier energy savings result 

  Section 20 (2), formula 

omit

SESO

substitute

RESO

39E  Section 20 (2), definitions of S and SESO

substitute

RESO means the retailer’s energy savings obligation.

S means the carried forward surplus.

39F  Dictionary, definition of electricity supplier

omit

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