Economic Regulation Authority (Licensing Funding) Regulations 2014

The Authority must carry out reviews of the Authority’s costs of administering the licensing schemes under the Electricity Industry Act 2004, the Energy Coordination Act 1994 and the Water Services Act 2012 and of the extent to which the charges paid to the Authority under these regulations are sufficient to meet those costs.

The Authority must —

carry out the first review, and give the Minister a written report based on it, before 1 January 2020; and

carry out subsequent reviews, and give the Minister written reports based on them, as soon as practicable after each 3^rd anniversary of the first report.