Document ID: chunk:federal_register_of_legislation:F2023L01730:reg:4:p2
Version: federal_register_of_legislation:F2023L01730
Segment Type: reg
Provision Reference: reg 4 (pt 2/2)
Character Range: 5089–6148

for the regulated gas that remains constant.

       joule means a unit of energy in the International System of Unit.

       load factor means the ratio of the annual aggregate of the maximum daily quantity and the annual contract quantity.

       measurement period means the month used to calculate the price of the commodity link in relation to the month of delivery of regulated gas.
petajoule means 1 million billion joules.
pricing formula for regulated gas means the calculation used to determine the price payable for the regulated gas for a given period.
pricing indication means a written indication of pricing from a covered supplier to a buyer.
quarter means a period of 3 months beginning on 1 July, 1 October, 1 January or 1 April.
supplier gas offer means:
 (a) a gas initial offer; or
 (b) a gas final offer.
take or pay multiplier means the percentage of regulated gas that must be paid for by a buyer, irrespective of whether or not the buyer actually takes delivery of the regulated gas.

Part 2—Details to be kept in records by supplier