Australian Capital Territory
Independent Competition and Regulatory Commission (Water and Sewerage Price Direction) Act 2014 (repealed)    
A2014-16
Republication No 2
Effective:  22 May 2016
Republication date: 22 May 2016
Act expired 21 May 2016 (see s 9 and endnote 3)

Unauthorised version prepared by ACT Parliamentary Counsel’s Office

About this republication
The republished law
This is a republication of the Independent Competition and Regulatory Commission (Water and Sewerage Price Direction) Act 2014 (repealed) (including any amendment made under the Legislation Act 2001, part 11.3 (Editorial changes)).  It also includes any commencement, amendment, repeal or expiry affecting this republished law to 22 May 2016.  
The legislation history and amendment history of the republished law are set out in endnotes 3 and 4. 
Kinds of republications
The Parliamentary Counsel’s Office prepares 2 kinds of republications of ACT laws (see the ACT legislation register at www.legislation.act.gov.au):
•	authorised republications to which the Legislation Act 2001 applies
•	unauthorised republications.
The status of this republication appears on the bottom of each page.
Editorial changes
The Legislation Act 2001, part 11.3 authorises the Parliamentary Counsel to make editorial amendments and other changes of a formal nature when preparing a law for republication.  Editorial changes do not change the effect of the law, but have effect as if they had been made by an Act commencing on the republication date (see Legislation Act 2001, s 115 and s 117).  The changes are made if the Parliamentary Counsel considers they are desirable to bring the law into line, or more closely into line, with current legislative drafting practice.  
This republication does not include amendments made under part 11.3 (see endnote 1).
Uncommenced provisions and amendments
If a provision of the republished law has not commenced, the symbol  U  appears immediately before the provision heading.  Any uncommenced amendments that affect this republished law are accessible on the ACT legislation register (www.legislation.act.gov.au). For more information, see the home page for this law on the register.
Modifications
If a provision of the republished law is affected by a current modification, the symbol  M  appears immediately before the provision heading.  The text of the modifying provision appears in the endnotes.  For the legal status of modifications, see the Legislation Act 2001, section 95.
Penalties
At the republication date, the value of a penalty unit for an offence against this law is $150 for an individual and $750 for a corporation (see Legislation Act 2001, s 133).

Australian Capital Territory
Independent Competition and Regulatory Commission (Water and Sewerage Price Direction) Act 2014 (repealed)

Contents
	Page
	1	Name of Act	2
	3	Notes	2
	4	Meaning of terms of reference	2
	5	Meaning of water and sewerage price direction	2
	6	Terms of reference—effect	3
	7	Water and sewerage price direction—effect	3
	8	Industry panel review of water and sewerage price direction—regulatory period	3
	9	Expiry—Act	4
Endnotes
	1	About the endnotes	5
	2	Abbreviation key	5
	3	Legislation history	6
	4	Amendment history	6
	5	Earlier republications	6

Australian Capital Territory
Independent Competition and Regulatory Commission (Water and Sewerage Price Direction) Act 2014 (repealed)

An Act about an Independent Competition and Regulatory Commission price direction and the terms of reference for the direction

    

1	Name of Act
This Act is the Independent Competition and Regulatory Commission (Water and Sewerage Price Direction) Act 2014.
3	Notes
A note included in this Act is explanatory and is not part of this Act.
Note	See the Legislation Act, s 127 (1), (4) and (5) for the legal status of notes.
4	Meaning of terms of reference
In this Act:
terms of reference means the terms of reference determined in the Independent Competition and Regulatory Commission (Regulated Water and Sewerage Services) Terms of Reference Determination 2011 as amended by the Independent Competition and Regulatory Commission (Regulated Water and Sewerage Services) Terms of Reference Amendment Determination 2013 and the Independent Competition and Regulatory Commission (Regulated Water and Sewerage Services) Terms of Reference Amendment Determination 2013 (No 2).
5	Meaning of water and sewerage price direction
In this Act:
water and sewerage price direction means the price direction made by the Independent Competition and Regulatory Commission titled Price Direction—Regulated Water and Sewerage Services 1 July 2013 to 30 June 2019 Report 6 of 2013, June 2013.
Note	The water and sewerage price direction is accessible at www.icrc.act.gov.au.
6	Terms of reference—effect
To remove any doubt, the terms of reference have effect, and are taken always to have had effect, for all purposes as if a period were specified in the terms of reference.
7	Water and sewerage price direction—effect
To remove any doubt, the water and sewerage price direction has effect, and is taken always to have had effect, for all purposes as if a period were specified in the terms of reference.
8	Industry panel review of water and sewerage price direction—regulatory period
	(1)	To remove any doubt, an industry panel review of the water and sewerage price direction may determine the regulatory period in which the direction, or a new price direction substituted for the direction, is effective.
	(2)	Unless approved by the Minister, a regulatory period determined by an industry panel review of the water and sewerage price direction must not be longer than 6 years starting on 1 July 2013.
	(3)	In this section:
industry panel—see the Independent Competition and Regulatory Commission Act 1997, section 24M.
price direction—see the Independent Competition and Regulatory Commission Act 1997, dictionary.
review means a review under the Independent Competition and Regulatory Commission Act 1997, part 4C (Review of price directions).
9	Expiry—Act
This Act expires 2 years after the day it commences.
Note	Any validating effect of a law does not end merely because of the repeal of the law (see Legislation Act, s 88 (1)).

Endnotes
1	About the endnotes
Amending and modifying laws are annotated in the legislation history and the amendment history.  Current modifications are not included in the republished law but are set out in the endnotes.
Not all editorial amendments made under the Legislation Act 2001, part 11.3 are annotated in the amendment history.  Full details of any amendments can be obtained from the Parliamentary Counsel’s Office.
Uncommenced amending laws are not included in the republished law.  The details of these laws are underlined in the legislation history.  Uncommenced expiries are underlined in the legislation history and amendment history.
If all the provisions of the law have been renumbered, a table of renumbered provisions gives details of previous and current numbering.  
The endnotes also include a table of earlier republications.
2	Abbreviation key

A = Act	NI = Notifiable instrument	
AF = Approved form	o = order	
am = amended	om = omitted/repealed	
amdt = amendment	ord = ordinance	
AR = Assembly resolution	orig = original	
ch = chapter	par = paragraph/subparagraph	
CN = Commencement notice	pres = present	
def = definition	prev = previous	
DI = Disallowable instrument	(prev...) = previously	
dict = dictionary	pt = part	
disallowed = disallowed by the Legislative 	r = rule/subrule	
Assembly	reloc = relocated	
div = division	renum = renumbered	
exp = expires/expired	R[X] = Republication No	
Gaz = gazette	RI = reissue	
hdg = heading	s = section/subsection	
IA = Interpretation Act 1967	sch = schedule	
ins = inserted/added	sdiv = subdivision	
LA = Legislation Act 2001	SL = Subordinate law	
LR = legislation register	sub = substituted	
LRA = Legislation (Republication) Act 1996	underlining = whole or part not commenced	
mod = modified/modification	or to be expired	

3	Legislation history
Independent Competition and Regulatory Commission (Water and Sewerage Price Direction) Act 2014 A2014-16
notified LR 20 May 2014
s 1, s 2 commenced 20 May 2014 (LA s 75 (1))
remainder commenced 21 May 2014 (s 2)
Note	This Act exp 21 May 2016 (see s 9)
4	Amendment history
Commencement
s 2	om LA s 89 (4)
5	Earlier republications
Some earlier republications were not numbered. The number in column 1 refers to the publication order.  
Since 12 September 2001 every authorised republication has been published in electronic pdf format on the ACT legislation register.  A selection of authorised republications have also been published in printed format. These republications are marked with an asterisk (*) in column 1.  Electronic and printed versions of an authorised republication are identical. 

Republication No and date	Effective	Last amendment made by	Republication for	
R1
21 May 2014	21 May 2014‑
21 May 2016	not amended	new Act	

©  Australian Capital Territory 2016