The Australian Competition and Consumer Commission (ACCC), in accordance with its responsibilities under the National Electricity Code (the Code), is currently conducting an inquiry into the appropriate revenue cap to be applied to the non-contestable elements of the New South Wales (NSW) transmission network (TransGrid) transmission network services from 1 July 1999.
At the same time, the Independent Pricing and Regulatory Tribunal (IPART) has been directed by the NSW Premier to review network service pricing for TransGrid for the five year period from 1 July 1999.
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