ENERGY AND UTILITIES ADMINISTRATION ACT 1987 - SECT 34L
Special provisions relating to contributions orders applying to State water agencies
ENERGY AND UTILITIES ADMINISTRATION ACT 1987 - SECT 34L
Special provisions relating to contributions orders applying to State water agencies
34L Special provisions relating to contributions orders applying to State
water agencies
(1) If a State water agency to which a proposed contributions order is to
apply is constituted by or under an Act that is administered by a Minister
other than the Minister administering section 34J of this Act, the order may
be made only with the concurrence of the Minister administering the Act by or
under which the agency is constituted.
(b) the Local Government and Shires Association
of New South Wales.
(3) If the Independent Pricing and Regulatory Tribunal is
required by or under the Independent Pricing and Regulatory Tribunal Act 1992
to determine a maximum price for a water service provided by a
State water agency, any requirement imposed on the agency by a
contributions order to pay an amount into the Fund is to be treated for the
purposes of section 16A of that Act as a requirement with which the agency
must comply in providing the service.
Note : Section 16A of the Independent
Pricing and Regulatory Tribunal Act 1992 enables the Minister responsible for
a government agency to direct the Tribunal, when it makes a determination of
the maximum price for a government monopoly service provided by the agency, to
include in the maximum price an amount representing the efficient cost of
complying with a specified requirement imposed on the agency. It also enables
the Minister to direct the Tribunal, when it makes a determination of the
methodology for fixing the maximum price for the service, to include in the
methodology a factor representing such a cost.