Gas Supply Act 1993 (Act 501) & Regulations (As At 10th October 2004)

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Gas Supply Act 1993 (Act 501) & Regulations

(AS AT 10th October 2004)

Detailed Contents Of Gas Supply Act 1993 (Act 501) :

The Gas Supply Act 1993 (Act 501) is a piece of legislation enacted by the Malaysian government to regulate the gas supply industry in Malaysia. The act provides for the licensing, regulation, and control of the import, export, transmission, distribution, and sale of gas.

The act applies to all gas supply licensees, including gas transmission licensees, gas distribution licensees, gas trading licensees, and gas supply system licensees. It also applies to any person who owns, operates, or controls gas supply facilities in Malaysia.

The Gas Supply Act 1993 provides for the establishment of the Gas Supply Regulation 1997. The regulation sets out the rules and procedures for the licensing, registration, and approval of gas supply activities. It also sets out the requirements for gas supply systems and the safety standards that must be adhered to.

Under the act, any person who wishes to carry out gas supply activities in Malaysia must obtain a license from the Energy Commission. The license specifies the scope of activities that the licensee is authorized to undertake and the conditions that must be met. The license is valid for a specified period and can be renewed upon expiry.

The act also provides for the regulation of gas tariffs. The Energy Commission is responsible for setting and approving gas tariffs. The commission must ensure that the tariffs are fair, reasonable, and transparent. The commission must also ensure that the tariffs are sufficient to cover the costs of the gas supply activities and provide a reasonable return on investment.

The Gas Supply Act 1993 also provides for the establishment of a Gas Supply Advisory Committee. The committee is responsible for advising the Energy Commission on matters relating to the gas supply industry. The committee may also make recommendations on policy matters to the Minister responsible for the gas supply industry.

The act provides for the regulation of safety in the gas supply industry. It sets out the safety standards that must be adhered to by gas supply licensees. The licensees must ensure that their gas supply systems are safe and comply with the relevant safety standards.

The Gas Supply Act 1993 also provides for the enforcement of the act and the regulations. The Energy Commission and the Minister responsible for the gas supply industry have the power to enforce the act and the regulations. They may inspect gas supply facilities, investigate complaints, and take legal action against offenders.

In conclusion, the Gas Supply Act 1993 is a crucial piece of legislation that regulates the gas supply industry in Malaysia. It sets out the rules and procedures for licensing, registration, and approval of gas supply activities. The act also provides for the regulation of gas tariffs, safety standards, and the establishment of a Gas Supply Advisory Committee.


For more books on Gas Supply Act 1993 : Statutes
ISBN: 9789677010734
 
 

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