South Australian Consolidated Acts South Australian Consolidated ActsIn performing the Commission's functions, the Commission must—
(a) have
as its primary objective protection of the long term interests of South
Australian consumers with respect to the price, quality and reliability of
essential services; and
(b) at
the same time, have regard to the need to—
(i)
promote competitive and fair market conduct; and
(ii)
prevent misuse of monopoly or market power; and
(iii)
facilitate entry into relevant markets; and
(iv)
promote economic efficiency; and
(v)
ensure consumers benefit from competition and efficiency;
and
(vi)
facilitate maintenance of the financial viability of
regulated industries and the incentive for long term investment; and
(vii)
promote consistency in regulation with other
jurisdictions.