Amending energy acquisition statement on Regulator’s own initiative
45B Amending energy acquisition statement on Regulator’s own initiative
The Regulator may amend an energy acquisition statement for a year on the Regulator’s own initiative if the amendment is made within 4 years of the liable entity lodging the statement.
An amendment of an energy acquisition statement under this section may also result in the Regulator issuing an assessment under section 48 or 48B or amending an assessment under section 49.
The Regulator must give the liable entity written notice of the amendment.
An energy acquisition statement cannot be amended under this section to increase or reduce the number of certificates previously surrendered.
This Act’s bill:Explanatory memorandumSecond reading speech
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