Document ID: chunk:federal_register_of_legislation:F2023L00994:reg:20:p2
Version: federal_register_of_legislation:F2023L00994
Segment Type: reg
Provision Reference: reg 20 (pt 2/2)
Character Range: 37518–39446

gas will be supplied in accordance with the gas final offer;
 (j) a protocol for the supplier and the potential buyer to notify each other, within a reasonable time, of any major interruptions to any of the following that become known to them:
 (i) the supplier's ability to supply regulated gas in accordance with the gas final offer;
 (ii) the potential buyer's ability to accept regulated gas in accordance with the gas final offer;
 (k) the consequences (if any) if the quantity of regulated gas intended to be supplied in accordance with the gas final offer is not delivered by the supplier or is not accepted by the potential buyer;
 (l) the circumstances in which the supplier or the potential buyer may terminate an agreement under which regulated gas will be supplied in accordance with the gas final offer;
 (m) the consequences of a breach of an agreement under which regulated gas will be supplied in accordance with the gas final offer;
 (n) procedures for resolving disputes arising under an agreement under which regulated gas will be supplied in accordance with the gas final offer.
Note: The gas final offer must specify the matters set out in subsection (2), and may also specify other matters. For example, if the gas final offer contemplates that there will be conditions precedent to an agreement under which regulated gas will be supplied in accordance with the gas final offer, it may specify those conditions precedent.
 (3) For the purposes of subparagraph (1)(c)(ii), the requirements are as follows:
 (a) the notice sets out the last day of the gas final offer open period; and
 (b) that last day is:
 (i) if subparagraph (ii) of this paragraph does not apply—no earlier than 15 business days after the supplier issues the gas final offer; or
 (ii) if the supplier and the potential buyer, in writing before the supplier issues the gas final offer to the potential buyer, fix a specified day—that day.