(1) The gas market provisions apply in relation to supplying a gas commodity if the supply:
(a) occurs in Australia; or
(b) is:
(i) to a person in Australia, including by means of importing the gas commodity into Australia; or
(ii) by means of exporting the gas commodity from Australia.
(2) The gas market provisions apply in relation to acquiring a gas commodity if the acquisition:
(a) occurs in Australia; or
(b) is the direct result of a supply mentioned in subsection (1).