54Minister’s role in setting service charges and late payment penalties

54 Minister’s role in setting service charges and late payment penalties

(1) Before making a determination under section 53, the Board must give the Minister written notice of the proposed determination, specifying the following: (a) if the determination sets a new charge or penalty—the basis for setting the charge or penalty; (b) if the determination varies a charge or penalty set by earlier determination—the reason for the variation; (c) the day on and from which the determination is intended to operate. (2) Within 30 days after receiving notice of the proposed determination, the Minister may give the Board a written notice approving or disapproving the proposed determination. In doing so, the Minister must have regard to the AA’s duties and responsibilities under this Act. (3) The Board cannot make a determination under section 53 unless: (a) the Minister has approved the determination; or (b) the period within which the Minister may give to the Board a notice under subsection (2) of this section has expired without the Minister having given such a notice.