Methodology requirements for determining first supplier payments under supply arrangement
12 Methodology requirements for determining first supplier payments under supply arrangement
For the purposes of section 81(2)(a)(ii) of the Act, the prescribed requirements for a methodology specified in a supply arrangement under the Scheme Coordinator agreement are that the methodology must determine the amounts payable by a first supplier—
Reg. 12(a) substituted by S.R. No. 78/2023 reg. 6.
at a level that will maintain sufficient scheme liquidity over time to allow the Scheme Coordinator to pay scheme costs as and when they fall due; and
Reg. 12(b) substituted by S.R. No. 78/2023 reg. 6.
by reference to the first supplier's supply of suitable eligible containers in Victoria; and
Reg. 12(c) inserted by S.R. No. 78/2023 reg. 6.
in a manner that allows a small first supplier to elect to make payments under the supply arrangement on a quarterly or monthly basis.
Reg. 13 revoked by S.R. No. 91/2023 reg. 3.
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Reg. 14 amended by S.R. No. 78/2023 reg. 7, revoked by S.R. No. 107/2023 reg. 10.
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Reg. 15 inserted by S.R. No. 78/2023 reg. 8.
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