Tariff Equalisation Account
129C Tariff Equalisation Account
An agency special purpose account called the Tariff Equalisation Account is established under the Financial Management Act 2006 section 16.
There are to be credited to the Tariff Equalisation Account —
each tariff equalisation contribution paid by the Electricity Networks Corporation under section 129F(1); and
the amount of any income determined by the Treasurer (at a rate determined by the Treasurer) to be attributable to the investment under the Financial Management Act 2006 section 37 of money standing to the credit of the Tariff Equalisation Account; and
any other amount lawfully received for the purposes of the Account.
[Section 129C inserted: No. 18 of 2005 s. 139; amended: No. 77 of 2006 Sch. 1 cl. 54(2) and (3).]
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