Circulated with the authority of
Mr Ted Quinlan MLA
Treasurer

The Bill provides that the Minister may declare certain fees and charges affecting the cost of providing a utility or regulated service may be passed on in full to consumers of the service. The declaration is a disallowable instrument.

New section 17(4A) provides that on an industry reference, the Independent Competition and Regulatory Commission (ICRC) is not to question the amount of a statutory fee declared under new section 4C or the basis on which the fee is worked out.

New section 19J(2) provides that on a regulatory reference, the ICRC is not to question the amount of a statutory fee declared under new section 4C or the basis on which the fee is worked out.

New section 20(2A) provides that when a price direction is made the ICRC must allow a statutory fee declared under new section 4C to be passed on in full to consumers of the utility service.

New section 24C(3A) provides that in deciding whether to consent to a variation, the ICRC must allow a statutory fee declared under new section 4C to be passed on in full to consumers of the utility service.

New section 24H(2) provides that in deciding to vary a price direction, the ICRC must allow a statutory fee declared under new section 4C to be passed on in full to consumers of the utility service.