New South Wales Consolidated Acts

ELECTRICITY SUPPLY ACT 1995 - SECT 43EN

43EN Electricity Tariff Equalisation Fund

(1) There is established by this section an Electricity Tariff Equalisation Fund.

(2) There is payable into the Fund:

(a) all money payable to the Fund under the rules, and

(b) all interest received in respect of the investment of the Fund, and

(c) all money required or permitted to be paid into the Fund by or under this or any other Act.

(3) There is payable from the Fund:

(a) all money payable from the Fund under the rules, and

(b) all money required to meet administrative expenses related to the Fund or the Ministerial Corporation, and

(c) all money required or permitted to be paid from the Fund by or under this or any other Act.

(4) Despite the Public Authorities (Financial Arrangements) Act 1987 , the Fund may not be used to effect a financial adjustment (within the meaning of that Act) related to electricity or the electricity industry.