Gas Act 2001 · 2020 Revised Edition · Part 7B · Control of Gas Licensees and Entities with Interest in Gas Pipeline Network
63CA. Regulations for carrying out sections 63B and 63C
Feedback & supportLast amended by an amending law of 2018.
The Authority may, with the approval of the Minister, make such regulations under section 96 as are necessary or expedient for carrying out the purposes of sections 63B and 63C.
Without limiting subsection (1), the regulations may prescribe —
the meaning of equity interest and the circumstances under which a person is treated as holding a percentage of the total equity interest in a designated gas licensee, a designated entity or a designated business trust;
the circumstances under which a person is treated as being in a position to control a percentage of the voting power in a designated gas licensee, a designated entity or a designated business trust;
the circumstances under which a person is treated as having acquired as a going concern a business mentioned in section 63B(4);
the circumstances under which a person is treated as being an associate for the purposes of sections 63A, 63E and 63G; and
the manner in which any notice or application under section 63B must be given or made, and the person or persons who must give the notice or make the application.