FiT entitlement—surrender
14 FiT entitlement—surrender
The holder of a FiT entitlement may surrender the entitlement by giving written notice of the surrender to the Minister.
On receipt of a notice under subsection (1), the Minister must confirm the surrender, by written notice (a surrender notice) given to the holder of the FiT entitlement.
Surrender of a FiT entitlement under this section takes effect on the day and at the time stated in the surrender notice.
In fixing the day and time for the surrender of a FiT entitlement to take effect, the Minister must consider any matters prescribed by regulation.
This provision refers to the regulations (prescribed by regulation
). Made under this Act:
This Act’s bill:Explanatory statementSecond reading speech
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