Legislation sponsored by
Came Into Force
October 30th, 2019
Electricity Statutes (Capacity Market Termination) Amendment Act, 2019
More detailed descriptions of this legislation will be coming soon, be sure to check back later!
Third Reading (Passed)
June 27th, 2019
Royalty Guarantee Act
This legislation prevents any "fundamental restructuring" of hydrocarbon royalties for ten years - in other words, there can be no royalty review for at least ten years after this Act comes into force. There's room for minor changes to "address significant changes in technology and world markets" among other things, but primarily this legislation locks in royalty rates for the next decade.