The Gas (Downstream Reconciliation) Rules 2008, place ongoing obligations on several parties to effectively manage the downstream reconciliation arrangements. Gas Industry Co is empowered to:
- appoint an Allocation Agent
- make determinations, exemptions and guidelines in respect of certain matters.
- direct audits and special allocations to be carried out, and
- recover market fees to fund the operation of the downstream reconciliation arrangements (for example the costs of the Allocation Agent).
Gas Industry Co regularly consults with industry Stakeholders when undertaking these activities. This section contains a record of consultations and decisions in all matters relating to the operation of the Downstream Reconciliation Rules.