CUSTOMS (PROHIBITED EXPORTS) REGULATIONS 1958 - REG 13GG Review of Division

CUSTOMS (PROHIBITED EXPORTS) REGULATIONS 1958 - REG 13GG

  (1)   The Resources Minister must cause a review of the operation of this Division to be undertaken during 2025.

  (2)   The review must address the following:

  (a)   the effectiveness and efficiency of this Division in ensuring a sufficient supply of natural gas for Australian consumers with minimum disruption to Australia's liquefied natural gas export industry;

  (b)   the impact of this Division on the competiveness of Australia's liquefied natural gas export industry, Australia's investment reputation and Australia's international reputation for quality and reliability;

  (c)   the impact of this Division on the Australian domestic gas market, including the development of new and additional gas resources and market functions;

  (d)   whether improvements can be made to the operation of this Division and whether there are appropriate alternative mechanisms to achieve the objectives of this Division;

  (e)   whether this Division should be amended or repealed before 1   January 2030 and the timing of any such amendment or repeal;

  (f)   any other considerations the Resources Minister considers relevant.

  (3)   Subregulation (2) does not limit the matters that may be addressed by the review.

  (4)   In conducting the review, the legitimate interests of all relevant stakeholders must be taken into account.