Compliance Framework and Reporting Guidelines - Draft for Consultation

​The Utilities Commission has issued draft Compliance Framework and Reporting Guidelines to supplement its Statement of Approach on Compliance. The Guidelines include, among other things, a requirement for annual compliance reporting, additional information on the reporting of material compliance breaches and an annual declaration from the Board of Directors of each business as a vehicle for elevating the importance of compliance.

The draft Compliance Framework and Reporting Guidelines have been developed as part of a stronger approach to compliance, in line with practices nationally and in other Australian jurisdictions.

The Commission welcomes submissions on the draft Guidelines. Due to requests by stakeholders, the submission deadline has been extended until 31 July 2015.

Draft for Consultation Compliance Framework and Reporting Guidelines​