New South Wales Consolidated Acts

ELECTRICITY SUPPLY ACT 1995 - SECT 43EM

43EM Electricity Tariff Equalisation Ministerial Corporation

(1) There is constituted by this section a corporation with the corporate name of the Electricity Tariff Equalisation Ministerial Corporation.

(2) The Ministerial Corporation has the following functions:

(a) the function of administering and controlling the Fund,

(b) without limiting paragraph (a), the function of administering the rules,

(c) the function of requiring the provision of information under sections 43EP and 43EQ,

(d) such other functions as are conferred on it by or under this or any other Act.

(3) The affairs of the Ministerial Corporation are to be managed by the Treasurer.

(4) Any act, matter or thing done in the name of, or on behalf of, the Ministerial Corporation by the Treasurer, or with the authority of the Treasurer, is taken to have been done by the Corporation.

(5) The Ministerial Corporation may not enter into a contract or arrangement that enables any of the following persons to carry out any of its functions relating to the Fund:

(a) the holder of a retail supplier’s licence,

(b) an electricity generator,

(c) the holder of a distribution network service provider’s licence,

(d) a person or class of persons prescribed by the regulations.

(6) The Ministerial Corporation is, for the purposes of any Act, a statutory body representing the Crown.

(7) The Ministerial Corporation may arrange for the use of the services of any staff or facilities of any government department or public or local authority.