On 12 September 2000 GPU GasNet submitted revisions to the access arrangement for the Victorian Principal Transmission System (PTS) to the Commission for approval under the National Third Party Access Code for Natural Gas Pipeline Systems (the Code). The objective of GPU GasNet’s revisions is to roll-in its $75.5 million Southwest Pipeline investment to the capital base of the PTS.
On 29 June 2001 the ACCC made its final decision under section 2.38(a)(ii) of the Code not to approve the proposed revisions to the PTS access arrangement.