Document ID: chunk:federal_register_of_legislation:F2023L00994:reg:27
Version: federal_register_of_legislation:F2023L00994
Segment Type: reg
Provision Reference: reg 27
Character Range: 47769–48403

27  Agreement for supply of regulated gas—price for supplied gas exceeds reasonable price
 (1) A person (the supplier) contravenes this subsection if:
 (a) the supplier is a covered supplier; and
 (b) the supplier entered into an agreement for the supply of regulated gas; and
 (c) the supplier supplies regulated gas under the agreement; and
 (d) the price payable under the agreement, for that regulated gas, exceeds a reasonable price.
 (2) Subsection (1) is a civil penalty provision.
 (3) Subsection (1) applies only if the supply mentioned in paragraph (1)(c) is gas market conduct described in subsection 53ZZA(1) of the Act.