Economic Regulation Authority (Licensing Funding) Regulations 2014

The following functions of the Authority are listed for the purposes of this regulation —

dealing with an application under the Electricity Industry Act 2004 for the grant, renewal or amendment of a licence or approval to transfer a licence;

dealing with an application under the Energy Coordination Act 1994 for the grant, renewal or amendment of a licence or approval to transfer a licence;

dealing with an application under the Water Services Act 2012 for the grant, renewal, amendment or cancellation of a licence or the approval of the transfer of a licence.

If the Authority performs a function listed in subregulation (1), the applicant is liable to pay a charge for the performance of the function.

The Authority must give the applicant a notice that specifies —

the amount of the charge; and

the day on which the notice was issued.

The amount specified in the notice is payable to the Authority within 30 days after the day on which the notice was issued.

The amount of the charge is an amount equivalent to the costs described in subregulation (6) that —

have been incurred by the Authority; and

are directly attributable to the performance of the function or to the doing of anything that was necessary or convenient to be done for or in connection with the performance of the function.

For the purposes of subregulation (5), the costs are —

costs of consultants or contractors engaged by the Authority including accommodation costs, travel costs and equipment costs; and

photocopying, mailing, publishing and advertising costs; and

costs associated with public consultation conducted under the Act under which the application was made; and

costs associated with producing or amending maps of areas to which the licence, or proposed licence, relates.

The Authority must, at the request of the applicant, give the applicant an itemised account of the costs covered by the charge.

If the applicant does not pay the amount of the charge in full within the allowed period, interest on any outstanding amount is payable to the Authority at the prescribed rate calculated daily.