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CLEAN ENERGY ACT 2011 (NO. 131, 2011) - SECT 55B Quotation of OTN--large gas consuming facility

CLEAN ENERGY ACT 2011 (NO. 131, 2011) - SECT 55B

Quotation of OTN--large gas consuming facility

             (1)  If:

                     (a)  during an eligible financial year, a natural gas supplier supplies an amount of natural gas to another person (the recipient ); and

                     (b)  it may reasonably be expected that the natural gas is for use in the operation of a large gas consuming facility; and

                     (c)  the natural gas is withdrawn from a natural gas supply pipeline for the purposes of the use; and

                     (d)  the withdrawal takes place in Australia;

the recipient must quote the recipient's OTN in relation to the supply.

             (2)  Before the first occasion on which the recipient quotes the recipient's OTN to the natural gas supplier under this section, the recipient must:

                     (a)  give the natural gas supplier written notice of the recipient's intention to quote the recipient's OTN under this section; and

                     (b)  do so at least:

                              (i)  28 days; or

                             (ii)  if the natural gas supplier and the recipient agree on a lesser number of days--that lesser number of days;

                            before that first occasion.

Civil penalty provisions

             (3)  Subsections (1) and (2) are civil penalty provisions .

Note:          Part 17 provides for pecuniary penalties for breaches of civil penalty provisions.