Electricity Industry Act 2004

The Treasurer must for each financial year, until the termination date, determine, by notice published in the Gazette, an amount of temporary access contribution that is payable by NBU in respect of that financial year.

The Treasurer must for each financial year, until the termination date, determine the cost to the Regional Power Corporation of its historical generation costs for that financial year.

The temporary access contribution determined for a financial year must not exceed the contestable proportion of the cost determined for that financial year under subsection (2).

In making a determination under subsection (1) for a financial year, the Treasurer must have regard to —

the amount required to compensate the Regional Power Corporation for the cost determined under subsection (2) for that financial year; and

the moneys standing to the credit of the Temporary Access Contribution Account; and

any service standards to be observed by the Regional Power Corporation; and

any other prescribed matters.

In subsection (4)(c) —

The Treasurer must consult with the Minister before making a determination under this section.