Distributors to reimburse authorised retailers for difference between rates
44I Distributors to reimburse authorised retailers for difference between rates
If an authorised retailer pays to a transitional feed-in tariff customer a feed-in tariff billing amount in respect of premises, the amount equal to the difference between – the feed-in tariff billing amount paid by the authorised retailer to the customer; and the feed-in tariff billing amount in respect of the premises that would have been paid to the customer under section 44E(2) by the authorised retailer if the transitional feed-in tariff customer had been a standard feed-in tariff customer in respect of the premises – is a debt due and payable to the authorised retailer by the distributor in respect of the premises.
An amount of a debt due and payable by a distributor to an authorised retailer under subsection (1) may be paid – by way of a deduction of the amount of the debt from the amount of any network charges that are payable to the distributor by the authorised retailer; or in a manner agreed between the distributor and an authorised retailer; or in a manner approved by a court in which the debt is recovered under subsection (3).
A debt that is due and payable under subsection (1) to an authorised retailer by a distributor may be recovered in a court of competent jurisdiction.
This Act’s bill:Explanatory notesSecond reading speech
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.