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SOUTH-EAST QUEENSLAND WATER (DISTRIBUTION AND RETAIL RESTRUCTURING) ACT 2009 - SECT 99BRCV Content of additional payment condition

SOUTH-EAST QUEENSLAND WATER (DISTRIBUTION AND RETAIL RESTRUCTURING) ACT 2009 - SECT 99BRCV

Content of additional payment condition

99BRCV Content of additional payment condition

(1) An additional payment condition must state all of the following—
(a) why it was imposed;
(b) the amount of the payment to be made under the condition;
(c) details of the trunk infrastructure for which the payment is required;
(d) when the amount becomes payable (the
"payment time" );
(e) that the applicant may, instead of making the payment, elect to provide part or all of the trunk infrastructure;
(f) if the applicant so elects—
(i) any requirements for providing the trunk infrastructure; and
(ii) when it must be provided.
(2) Unless the applicant and the distributor-retailer otherwise agree, the payment time is—
(a) if the trunk infrastructure is necessary to service the premises—by the day the connection, or work associated with the connection, starts; or
(b) if the trunk infrastructure is not necessary to service the premises—
(i) for a connection associated with reconfiguring a lot—when the network connection is made; or
(ii) for other connections—when the property service connection is made.