Requirement to give primary PTI allowance direction
15 Requirement to give primary PTI allowance direction
This section applies if the responsible Ministers give Powerlink a direction under section 26(4) of the Act about a priority transmission investment.
The responsible Ministers must, at the same time, direct Powerlink to apply to the AER under this division to amend or make a revenue determination to ensure capital expenditure and operating expenditure associated with the priority transmission investment are accounted for in the revenue determination.
A direction under this section is a primary PTI allowance direction.
The primary PTI allowance direction for the priority transmission investment must—
state a description of the investment; and
state the anticipated completion date for the investment; and
include a requirement under section 18 or at least 1 requirement under section 28 or 29 in relation to the investment.
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