New South Wales Consolidated Acts

GAS SUPPLY ACT 1996 - SECT 44

44 Annual licence fees

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

(2) The amount of an annual licence fee must be determined in such a manner that the amount payable by the holder of the licence for a particular year is equivalent to the amount estimated by the Treasurer as being the cost to the State of administering this Act during that year in relation to that holder.

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