On 14 November 2024, APT Pipelines NT Pty Ltd (APTNT) applied to revoke the exemption granted to it as its subsidiary, NT Gas Distribution Pty Ltd was no longer going to be taking part in a related business from 31 December 2024.

On 30 May 2025, the Australian Energy Regulator (AER) published its final decision to revoke an exemption granted to APT Pipelines (NT) Pty Ltd (APTNT) from ring-fencing requirements at their request. The revocation takes effect from 30 May 2025.

As APTNT no longer requires an exemption from section 140 of the NGL, there are no associated costs of compliance with that provision and therefore we consider that it no longer meets the exemption criterion. The revocation will take effect on the date that we make a final decision.