Type: Standard Rule Change Process
Submitter: IMO
Title: Maximum Reserve Capacity Price
Market Rules Affected: 2.26.1, 2.26.3, 2.26.4, 4.1.19, 4.16.3, 4.16.4, 4.16.5, 4.16.7, 4.16.8, 4.16.9, 4.22.3, and Appendix 4
Date Submitted: 28 February 2008
Date First Published on the IMO Website: 29 February 2008
Date Final Report Published: 08 July 2008
Current Status: Closed. The Amendments to clauses 2.26.1, 2.26.3, 2.26.4, 4.1.19, 4.16.3, 4.16.4, 4.16.5, 4.16.7, 4.16.8, 4.16.9, 4.22.3, and Appendix 4 commenced at 08.00am on 6 August 2008
| Event | Date | Comments |
|---|---|---|
| Proposal Received by IMO | 28/02/2008 | |
| Notification Published | 29/02/2008 | |
| First Submission period | 29/02/2008 – 11/04/2008 | The submission period is 6 weeks from the date the IMO published the notification |
| Draft Report published | 12/05/2008 | Must be published within 20 B-Days after the end of the submission period |
| Second submission period | 13/05/2008 – 10/06/2008 | The submission period is 20 B-Days from the date the IMO published the Draft Report |
| Final Report Published | 08/07/2008 | Must be published within 20 B-Days after the end of the second submission period |
| Minister’s Approval | 05/08/2008 | Clauses 4.1.19 and 4.16 are protected provision and any amendments require approval by the Minister |
| Rule Commencement | 06/08/2008 |
Notice on Commencement
As per Market Rule 2.8.5, the Minister approved the Rule Change Proposal on 4 August 2008. The Amending Rules made from this Rule Change Proposal will commence on 6 August 2008.
