(1) A gas market code may provide for the mediation of disputes between gas market participants relating to gas market conduct, including providing for any of the following matters:
(a) a process for appointing a mediator;
(b) the powers or functions of a mediator;
(c) a process for commencing mediation;
(d) the mediation process, including rules about any of the following matters:
(i) a party giving information to another party or to a mediator (including on request);
(ii) a mediator providing a party with an opportunity to be heard;
(iii) terminating a mediation;
(e) the extent (if any) to which mediation is compulsory;
(f) the consequences of not participating in mediation;
(g) reporting;
(h) generating and keeping records;
(i) confidentiality;
(j) the costs of mediation, including providing for:
(i) determining the costs; or
(ii) who is liable to pay the costs.
(2) A gas market code may provide for the arbitration (including compulsory arbitration) of disputes between gas market participants relating to gas market conduct, including providing for any of the following matters:
(a) establishing or maintaining a register of arbiters;
(b) a process for appointing an arbiter;
(c) the powers or functions of an arbiter;
(d) a process for commencing arbitration, including rules requiring a party to a dispute to take reasonable steps (such as mediation) to resolve a dispute before proceeding to arbitration;
(e) the arbitration process, including rules about any of the following matters:
(i) a party to a dispute giving information to another party or to an arbiter (including on request);
(ii) an arbiter providing a party with an opportunity to be heard;
(iii) terminating an arbitration;
(f) the extent (if any) to which arbitration is compulsory;
(g) the consequences of not participating in arbitration;
(h) decision - making by an arbiter, including processes an arbiter uses in decision - making;
(i) a power of an arbiter to decide that a party to a dispute must supply a gas commodity;
(j) a power of an arbiter to decide any of the following matters if an arbiter decides that a party to a dispute must supply a gas commodity:
(i) how much of the gas commodity is to be supplied;
(ii) where the gas commodity is to be supplied;
(iii) when the gas commodity is to be supplied;
(iv) the terms (including terms relating to price) on which the gas commodity is to be supplied;
(k) rules about how a decision of an arbiter binds a party to an arbitration;
(l) the consequences of not complying with a decision of an arbiter;
(m) reporting;
(n) generating and keeping records;
(o) confidentiality;
(p) the costs of arbitration, including providing for:
(i) determining the costs; or
(ii) who is liable to pay the costs.
(3) The powers or functions conferred on an arbiter by a gas market code must not involve the exercise of judicial power.