25
CurrentAER must accept and include Powerlink’s second period adjustment for third period if s 24 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
25 AER must accept and include Powerlink’s second period adjustment for third period if s 24 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 third period as mentioned in section 24(2); and
(b)
a second period adjustment is included in Powerlink’s revenue proposal for the third period under section 24.
(2)
The AER must—
(a)
accept the second period adjustment in its final decision for Powerlink’s transmission determination for the third period; and
(b)
include the expenditure in the capital expenditure in the revenue determination for Powerlink for the third period.
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