1 Name of Regulation
This Regulation is the Independent Pricing and Regulatory Tribunal Regulation 2007.
2 Commencement
This Regulation commences on 1 September 2007.Note—This Regulation replaces the Independent Pricing and Regulatory Tribunal Regulation 2002 which is repealed on 1 September 2007 by section 10 (2) of the Subordinate Legislation Act 1989.
3 Definitions
(1) In this Regulation:dispute means a dispute referred to in section 24A of the Act.the Act means the Independent Pricing and Regulatory Tribunal Act 1992.(2) Notes included in this Regulation do not form part of this Regulation.
4 Object of Regulation
The object of this Regulation is, in accordance with section 24A (2) of the Act, to modify the application of the Commercial Arbitration Act 2010 to the arbitration of a dispute.cl 4: Am 2010 No 61, Sch 2.10 [1].
5 Legal representation
(1) A party to a dispute may be represented in proceedings before an arbitrator or umpire by an Australian legal practitioner only by leave granted by the arbitrator or umpire.(2) An arbitrator or umpire may grant leave only if he or she is of the opinion:(a) that representation of the party by an Australian legal practitioner is likely to shorten the hearing of the dispute or to reduce the costs of the dispute, or(b) that the party would be unfairly disadvantaged if the party were not represented by an Australian legal practitioner.(3) This clause has effect instead of section 24A of the Commercial Arbitration Act 2010.cl 5: Am 2010 No 61, Sch 2.10 [2].
6 Private hearing of disputes
A dispute is to be heard in private, unless the arbitrator or umpire otherwise directs.
7 Costs of arbitration
For the purposes of section 33B of the Commercial Arbitration Act 2010, and without limiting the fees or expenses of the arbitrator or arbitrators, the fees and expenses of the arbitrator or arbitrators are taken to include:(a) all costs incurred by the arbitrator or arbitrators, andin relation to the arbitration of a dispute, including administrative costs, costs incurred in engaging consultants and expert witnesses, and witnesses’ expenses.(b) all costs incurred by the Tribunal,cl 7: Am 2010 No 61, Sch 2.10 [3]–[5].
8 Saving
Any act, matter or thing that had effect under the Independent Pricing and Regulatory Tribunal Regulation 2002 immediately before the repeal of that Regulation is taken to have effect under this Regulation.