Commonwealth Consolidated Acts

COMPETITION AND CONSUMER ACT 2010 - SECT 53ZE

Gas market instruments may refer to other instruments

  (1)   A gas market instrument may make provision in relation to a matter by applying, adopting or incorporating (with or without modification) any matter contained in any other instrument or writing:

  (a)   as in force or existing at a particular time; or

  (b)   as in force or existing from time to time.

  (2)   Subsection   (1) has effect despite subsection   14(2) of the Legislation Act 2003 .

Other matters

  (3)   A gas market instrument may make provision in relation to a matter (including setting a price):

  (a)   by reference to:

  (i)   the price of any gas commodity or other goods or services anywhere inside or outside Australia; or

  (ii)   any published information about any market (whether inside or outside Australia); or

  (b)   by reference to, or by providing for, a formula or method.