Northern Territory Consolidated Acts(1) The Utilities Commission has the following functions:
(a) to regulate prices charged by government and other businesses for providing certain monopoly services and for providing services in regulated industries as required under relevant industry regulation Acts;
(b) to perform licensing functions under relevant industry regulation Acts;
(c) to develop, monitor and enforce compliance with and promote improvement in standards and conditions of service and supply under relevant industry regulation Acts;
(d) to make, monitor the operation of, and review from time to time, codes and rules relating to the conduct or operations of a regulated industry or licensed entities under relevant industry regulation Acts;
(e) to investigate and help resolve complaints relating to the conduct or operations of licensed entities under relevant industry regulation Acts;
(f) to provide and require consumer consultation processes in regulated industries and to assist consumers and others with information and other services;
(g) to advise the Minister on any matter referred by the Minister;
(h) to perform any other function assigned by or under this or any other Act or conferred by the Minister.
(2) In performing the Utilities Commission's functions, the Utilities Commission must have regard to the need:
(a) to promote competitive and fair market conduct;
(b) to prevent misuse of monopoly or market power;
(c) to facilitate entry into relevant markets;
(d) to promote economic efficiency;
(e) to ensure consumers benefit from competition and efficiency;
(f) to protect the interests of consumers with respect to reliability and quality of services and supply in regulated industries;
(g) to facilitate maintenance of the financial viability of regulated industries; and
(h) to ensure an appropriate rate of return on regulated infrastructure assets.
(3) The Utilities Commission has the power to do all things that are necessary or convenient to be done for or in connection with or incidental to the performance of its functions under this or another Act.