ELECTRICITY INDUSTRY ACT 2000 - SECT 40FEA Minister may declare TFiT scheme end day

ELECTRICITY INDUSTRY ACT 2000 - SECT 40FEA

    (1)     The Minister, by notice published in the Government Gazette, may declare a day to be the TFiT scheme end day.

    (2)     The Minister may declare a day under subsection (1) if—

        (a)     the Minister is satisfied that the aggregate of the installed or name-plate generating capacity of TFiT scheme generating facilities is equal to or greater than 75 megawatts; or

        (b)     the Minister has estimated that the average cost per customer of electricity per year arising out of the operation of the TFiT scheme is $5 or more; or

        (c)     the Minister considers it appropriate to do so—

whichever occurs first.

S. 40FEA(3) repealed by No. 35/2013 s. 8.

    *     *     *     *     *

Note

See also the definition of TFiT scheme period in section 40F(1).

S. 40FF (Heading) amended by No. 64/2011 s. 8(1).

S. 40FF inserted by No. 41/2009 s. 5.