As allowed for under Part 4C of the Independent Competition and Regulatory Commission Act 1997 (the Act), ACTEW Corporation Limited applied for, on 26 September 2013, a review of the Independent Competition and Regulatory Commission's price direction for regulated water and sewerage services, 1 July 2013 to 30 June 2019.
A copy of the application of review by ACTEW Corporation Limited is available through the ACTEW's Application for Review.
As provided for under the Act, the application for review of the price direction will be heard by an independent Industry Panel. In April 2014, the Treasurer, Andrew Barr MLA, appointed the Industry Panel that will consider ACTEW's application. The Panel is comprised of the President Ms Mary Anne Hartley QC and Members Ms Claire Thomas PSM and Ms Sally Farrier (view biographies).
The Industry Panel review process will be broadly similar to that which is undertaken by the Independent Competition and Regulatory Commission when undertaking a price direction investigation.
More information is available in the Approach Paper – 30 June 2014.