On 23 October 2014, the AEMC extended the period of time for the publication of the final rule determination on the Portfolio Rights Trading (PRT) rule change request. The AEMC also published an explanatory note inviting written submissions and comments on a specific issue raised by AEMO with respect to the PRT rule change request.
The issue relates to AEMO’s reassessment of the estimated costs and timeframes associated with implementing the proposed rule. The Commission considers that the extension of time is necessary to allow it to consult publically with stakeholders on this issue.
The AEMC has extended the period of time for publication of the final rule determination to 27 November 2014. Submissions on the specific issue are due by 6 November 2014.