Proposal to remake the Independent Pricing and Regulatory Tribunal Regulation 2017
IPART sought public submissions on a proposal to make the Independent Pricing and Regulatory Tribunal Regulation 2022 (NSW). The regulation has now been finalised to modify the default arbitration rules set out in the Commercial Arbitration Act 2010 (NSW) for certain arbitrations about access to rail and water infrastructure in NSW.
The new 2022 regulation is substantively identical to the previous 2017 regulation.
For details, please read the Regulatory Impact Statement and see the final NSW legislation - Independent Pricing and Regulatory Tribunal Regulation 2012.