AER releases combined Enforcement and Compliance Statement of Approach

The AER has released a combined Enforcement and Compliance Statement of Approach which will replace the two current Statements of Approach – one that applies to our role under the National Energy Retail Law and the other which applies to our role under the National Gas and Electricity Laws. The Statement of Approach is available on the AER website, on the Wholesale markets compliance reporting page and the Retail markets enforcement matters page.

We considered it appropriate to combine the two Statements of Approach to form a single document which covers all AER functions to reflect the consistent approach taken by the AER to enforcing the energy laws across all markets, while still emphasising the consumer focus of the Retail Law. Having a combined Statement of Approach recognises that many businesses participate in both retail and wholesale markets and across both the electricity and gas sectors.

The combination of these documents did not lead to significant content changes, however we have used this as an opportunity to revise some content to better reflect our current compliance and enforcement practices.

Issued date: 
17 April 2014
AER reference: 
AC 043/14