[no bill text published] Conflict of interest restrictions for Northern Territory Electricity System and Market Operator directors

Electricity System and Market Operator Bill 2025

Assembly

Links to official parliament websites

Official page: progress through parliament

Effects of this bill

If this bill passes, it means that:

The Northern Territory Electricity System and Market Operator (NTESMO) is established as a corporate entity.
NTESMO directors must not take part in board decisions if they have a disclosed interest in the matter.
The NTESMO Board must follow directions from the Minister regarding its powers and functions.
The Board must give the Treasurer any information needed to assess NTESMO's financial position.
The Auditor-General can audit NTESMO.
The Minister can notify the Board of public sector policies that apply to NTESMO.
The Board must have between 3 and 7 members.
The Board must appoint a chief executive officer.

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