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s 129F

Payment and passing on of tariff equalisation contributions

In force
Part 9ATariff equalisation

129F Payment and passing on of tariff equalisation contributions

(1)

The Electricity Networks Corporation must pay tariff equalisation contributions into the Tariff Equalisation Account at the times, and in the manner, prescribed.

(2)

Users must make payments to the Electricity Networks Corporation in accordance with the Code in respect of tariff equalisation contributions payable by the Electricity Networks Corporation under subsection (1).

(3)

Without limiting Part 8 Division 2, the Code may make provision —

(a)

for the determination of the amounts payable by users under subsection (2) and the manner in which those amounts are to be collected; and

(b)

for the duties and powers of the Electricity Networks Corporation in relation to tariff equalisation contributions to be taken into account —

(i)

by the Authority in deciding whether to give its approval to an arrangement lodged under section 104B(a); and

(ii)

in the formulation of the network access pricing regulation principles referred to in section 104B(f).

(4)

Until there is an access arrangement for the network infrastructure facilities of the Electricity Networks Corporation —

(a)

subsection (2) does not have effect; and

(b)

users must make payments to the Electricity Networks Corporation in accordance with the regulations in respect of tariff equalisation contributions payable by the Electricity Networks Corporation under subsection (1); and

(c)

the regulations may make provision for the determination of the amounts payable by users under paragraph (b) and the manner in which those amounts are to be collected.

(5)

In subsection (4) —

user means a user as defined in the Electricity Transmission and Distribution Systems (Access) Act 1994 Schedule 5 clause 1 or Schedule 6 clause 1.

[Section 129F inserted: No. 18 of 2005 s. 139; amended: No. 77 of 2006 Sch. 1 cl. 54(5); No. 9 of 2020 s. 25.]

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