Document ID: chunk:federal_register_of_legislation:F2023L00994:reg:24
Version: federal_register_of_legislation:F2023L00994
Segment Type: reg
Provision Reference: reg 24
Character Range: 43183–43987

24  Agreement for supply of regulated gas—failure to issue gas final offer
 (1) A person (the supplier) contravenes this subsection if:
 (a) the supplier is a covered supplier; and
 (b) the supplier enters into an agreement for the supply of regulated gas; and
 (c) under the agreement, the supplier is to supply regulated gas to another person (the buyer); and
 (d) the supplier did not issue a gas final offer, in relation to the agreement, to the buyer before entering into the agreement.
Civil penalty:
 (a) for a body corporate—6,000 penalty units; and
 (b) for a person other than a body corporate—1,200 penalty units.
 (2) Subsection (1) does not apply if the buyer gave the supplier a buyer gas final offer in relation to the agreement under subsection 18(2) before entering into the agreement.