Sewerage charges
20 Sewerage charges
Each mining company must, in respect of each financial year of the Corporation, pay to the Corporation an amount that bears to $6,400 the same proportion as the amount payable by the company to the council for ordinary rates bears to the total amount payable by all the mining companies to the council for ordinary rates for that year.
The amount payable by a mining company under subclause (1) is taken to be a charge imposed by the Corporation for sewerage services for that year in respect of the land referred to in clause 14.
If, in a financial year of the Corporation, there is a deficiency in its Sewerage Fund, the Treasurer, out of money to be provided by Parliament, may pay to the Corporation for application towards the deficiency—
the amount of the deficiency, or
$6,000,
whichever is the lesser amount.
Money at credit in the Australian Inland Energy Water Infrastructure Administration Account in the Special Deposits Account at the Treasury is, at the request of the Corporation, to be paid to the Corporation for the renewal or replacement of capital assets.
This Act’s bill:Explanatory memorandumSecond reading speech
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