1 Name of Regulation
This Regulation is the National Electricity (New South Wales) Regulation 2015.
2 Commencement
(1) This Regulation (except clause 4) commences on the day on which it is published on the NSW legislation website.(2) Clause 4 commences on the date designated by the Treasurer by order in writing as the date of completion of the authorised transaction in relation to TransGrid for the purposes of the Electricity Network Assets (Authorised Transactions) Act 2015.
3 Modification of National Electricity Rules—registration as Network Service Provider
The National Electricity Rules are modified by inserting after clause 9.12 in Part B of Chapter 9 the following clause:9.12A Registration as a Network Service ProviderThe lessor of a transacted distribution system or transacted transmission system under the Electricity Network Assets (Authorised Transactions) Act 2015 is exempt from complying with clause 2.5.1 in relation to the activity of owning the transmission system or distribution system to which the lease concerned relates, but only while the lease concerned is in force.
4 Modification of National Electricity Rules—transitional arrangements for TransGrid
The National Electricity Rules are modified as follows:(a) omit the word “TransGrid” from clause 9.14.1 in Part B of Chapter 9 and insert instead the words “the transmission system operator”,(b) renumber clause 9.14.1 as clause 9.14.1 (a),(c) insert after clause 9.14.1 (a) as so renumbered the following paragraph:(b) In this clause, transmission system operator means the Network Service Provider that operates the transmission system that is a transacted transmission system under the Electricity Network Assets (Authorised Transactions) Act 2015.