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ELECTRICITY INDUSTRY ACT 2000 - SECT 40L Commission determination of small renewable energy generation prices, terms and conditions

ELECTRICITY INDUSTRY ACT 2000 - SECT 40L

Commission determination of small renewable energy generation prices, terms and conditions

S. 40L(1) substituted by No. 41/2009 s. 11.

    (1)     The Commission must determine—

        (a)     the prices, terms and conditions on the Minister's request under section 40I(1)(b)(i);

S. 40L(1)(b) amended by No. 64/2011 s. 15(1).

        (b)     the terms and conditions on the Minister's request under section 40I(1)(b)(ii) ;

S. 40L(1)(c) inserted by No. 64/2011 s. 15(2).

        (c)     the terms and conditions on the Minister's request under section 40I(1)(b)(iii).

S. 40L(2) substituted by No. 41/2009 s. 11.

    (2)     The Commission must report to the Minister on a determination under subsection (1).

S. 40L(2A) inserted by No. 41/2009 s. 11.

    (2A)     Prices, terms and conditions that are determined under subsection (1)(a) must be fair and reasonable.

S. 40L(2B) inserted by No. 41/2009 s. 11.

    (2B)     Terms and conditions determined under subsection (1)(b)—

        (a)     must include terms and conditions that are consistent with the statutory minimum conditions; and

        (b)     in the case of terms and conditions that are not the statutory minimum conditions, must be fair and reasonable.

S. 40L(2C) inserted by No. 64/2011 s. 15(3).

    (2C)     Terms and conditions determined under subsection (1)(c)—

        (a)     must include terms and conditions that are consistent with the statutory minimum TFiT scheme conditions; and

        (b)     in the case of terms and conditions that are not the statutory minimum TFiT scheme conditions, must be fair and reasonable.

    (3)     A determination of the Commission under this section is not a determination for the purposes of the Essential Services Commission Act 2001 .

S. 40M inserted by No. 35/2007 s. 3, substituted by No. 41/2009 s. 12.