74Application for participating percentage determination

#### 74 Application for participating percentage determination Scope (1) This section applies if a joint venture is a designated joint venture in relation to a facility. Application (2) The participants in the joint venture may jointly apply to the Regulator for the making of a participating percentage determination for the joint venture in relation to the facility. Form of application (3) An application must: (a) be in writing; and (b) be in a form approved, in writing, by the Regulator; and (c) be accompanied by: (i) such information as is specified in the regulations; and (ii) such documents (if any) as are specified in the regulations. (4) The approved form of application may provide for verification by statutory declaration of statements in applications. (5) An application may set out: (a) a request that the Regulator make a participating percentage determination in the terms set out in the application; and (b) the reasons for the request.