The Australian Energy Regulator (AER) has revised its Compliance and Enforcement Statement of Approach. The revised document includes the AER's new role under the National Gas Law and Rules.
The Statement of Approach explains the AER's functions and powers in monitoring, investigating and enforcing compliance and how the AER fulfils these functions and exercises its powers. It also explains the range of mechanisms that the AER uses to monitor compliance with the national energy framework, how it will respond to potential breaches and the criteria used in deciding whether to take action.
The AER has adopted a consistent approach to compliance in both gas and electricity.
This Statement of Approach replaces the statement released in August 2007.