23
CurrentAER must accept and include Powerlink’s first period adjustment for second period if s 22 applies
Part 4Financial matters for priority transmission investments
Division 2Primary PTI allowance directions
Subdivision 2Anticipated start date occurs in regulatory control period during which direction is given
23 AER must accept and include Powerlink’s first period adjustment for second period if s 22 applies
(1)
This section applies if—
(a)
Powerlink’s application made in compliance with a primary PTI allowance direction mentioned in section 18 includes the forecast capital expenditure for the second period as mentioned in section 22(2); and
(b)
a first period adjustment is included in Powerlink’s revenue proposal for the second period under section 22.
(2)
The AER must—
(a)
accept the first period adjustment in its final decision for Powerlink’s transmission determination for the second period; and
(b)
include the expenditure accepted under paragraph (a) in the capital expenditure in the revenue determination for Powerlink for the second period.
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