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INDEPENDENT PRICING AND REGULATORY TRIBUNAL ACT 1992 - SECT 24FA
Recommendations and advice
24FA Recommendations and advice
(1) Any recommendations or advice authorised or required to be made or given
by the Tribunal under its regulatory functions may be of a general or specific
nature.
(2) A Minister may, by order in writing, following consultation with,
and with the agreement of, the Tribunal, establish protocols as to the
procedures to be adopted for or with respect to the seeking, making or giving
of any such recommendations or advice to that Minister, including protocols as
to: (a) the provision of advice and information to the Tribunal to enable the
Tribunal to exercise its functions with respect to such recommendations or
advice effectively and efficiently, and
(b) the circumstances in which the
Tribunal’s recommendations or advice need not be sought, made or given
(except where a recommendation or advice is required by an Act to be made or
given).
(3) If the Tribunal makes or gives any recommendation or advice
referred to in this section to a Minister, that Minister is to consider but is
not bound by the recommendation or advice.
(4) A copy of each order made
under this section is to be published in the Gazette as soon as practicable
after it has been made.
(5) The provisions of an Act conferring on the
Tribunal the regulatory function of making or giving recommendations or advice
to a Minister for or with respect to a contravention of an operating licence
or of the conditions of a licence or authorisation, or of an endorsement
attached to a licence, do not apply to or affect any power that the Tribunal
has to impose a monetary penalty in respect of such a contravention.
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