The Commission’s Statement of Approach on Compliance outlines the Commission’s program for monitoring compliance with electricity laws, rules and regulations. The Statement of Approach on Compliance contains the Commission’s risk assessment methodology, monitoring and reporting mechanisms, and enforcement options in response to regulatory breaches.

The Commission’s Statement of Approach on Compliance is applicable to all regulated entities (including Independent Power Producers), and is intended to supplement a regulated entities compliance process or framework to ensure compliance with the regulatory framework.

Draft Statement of Approach on Compliance

 

On 5 September 2011, the Commission released a draft Statement of Approach on Compliance. The Commission invited interested parties to make submissions by Monday 19 September 2011.