New South Wales Consolidated Acts

GAS SUPPLY ACT 1996 - SECT 15

15 Annual authorisation fees

(1) The Minister may require the holder of an authorisation to pay to the Minister such amount, by way of an annual authorisation fee, as the Minister may from time to time determine on the advice of the Treasurer.

(2) The amount of an annual authorisation fee must be determined in such a manner that the amount payable by the holder of the authorisation for a particular year is equivalent to the amount estimated by the Treasurer as being the cost to the State of administering this Act and the National Gas (NSW) Law during that year (or the cost of doing so during any previous year to the extent to which that cost has not previously been taken into consideration in any estimate under this section) in relation to that holder.

(3) It is a condition of an authorisation that the holder of the authorisation must comply with all relevant requirements under this section.

(4) For the purposes of this section, the cost to the State of administering this Act and the National Gas (NSW) Law during any year in relation to the holder of an authorisation includes such proportion of the State’s retail competition implementation costs as the Minister determines, in accordance with the regulations, should be borne by the holder of that authorisation.

(5) In subsection (4), "the State’s retail competition implementation costs" means the costs or expenses incurred by the State during that year:

(a) for the purpose of implementing retail competition in the market for natural gas, and

(b) for any other purpose (being a purpose that is ancillary to the purpose of implementing retail competition in the market for natural gas) prescribed by the regulations.