Current and previous versions of the Statement of Regulatory Approach are available here.
Updates to Statement of Regulatory Approach for the Port of Melbourne
Overview
Our proposed update to the Statement of Regulatory Approach
We are updating the Statement of Regulatory Approach following recent amendments to the Port of Melbourne pricing order. The amendments set out a new role for the Essential Services Commission in assessing upfront (ex-ante) project proposals from the Port of Melbourne for major projects.
We have updated the statement and published a consultation paper which explains our proposed approach to our new ex-ante review role.
Our proposed changes are related to the new ex-ante role only and do not affect the current compliance inquiry. We will conduct a broader review and update the statement as necessary following the completion of the current compliance inquiry.
If you would like to make a submission on our proposed approach, please visit Engage Victoria.
Current and past Statements of Regulatory Approach
Current and past Statements of Regulatory Approach are available in the Resources tab.
The Statement provides guidance to the Port of Melbourne about how it can achieve compliance with pricing order and the commission's interpretation of key clauses within the order.