SOUTH-EAST QUEENSLAND WATER (DISTRIBUTION AND RETAIL RESTRUCTURING) ACT 2009 - SECT 99AS Maximum security that may be requested
SOUTH-EAST QUEENSLAND WATER (DISTRIBUTION AND RETAIL RESTRUCTURING) ACT 2009 - SECT 99AS
Maximum security that may be requested99AS Maximum security that may be requested
The distributor-retailer can not ask for security that is more than—
(a) if the customer is billed monthly—2.5 times the customer’s actual or estimated quarterly bills used to work out the security; or
(b) otherwise—1.5 times the customer’s actual or estimated quarterly bills used to work out the security.