Gas Industry Co has three sources of funding. The primary source of funding for the Company is the levy. The other two sources are through an Annual Fee on Shareholders and Market Fees. The Levy component is authorised each year by way of Regulations which we recommend to the Minister annually.
The Gas (Levy of Industry Participants) Regulations 2018, which came into force on 1 July 2018 is available here.
Current Arrangements: This section contains documents relating to the current FY2019 Levy for the period 1 July 2018 to 30 June 2019. Consultation on the FY2019 Levy Regulations commenced with Gas Industry Co's annual Co-regulatory Forum on 24 November 2017. The presentation slides from the Co-regulatory Forum are available here.
Background: This section provides information on the levy setting process and principles as well as all Previous Levies, including past levy regulations and associated documents relating to past years' levies.