Economic Development Act 2012
sec.116DBasis and amount of charge
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sec.116D Basis and amount of charge
An infrastructure expenses recoupment charge may be made and levied on the bases MEDQ considers appropriate. See also section 117 in relation to the recovery of the charge. Without limiting subsection (1) , MEDQ may— fix a minimum amount of the charge; or decide whether a discount for payment of the charge applies and the amount and terms of any discount. However, an infrastructure expenses recoupment charge may be increased by no more than the rate, and only at the intervals, stated in the authorising instrument for the charge. s 116D ins 2014 No. 40 s 17 (sec.116D-ssec.1) An infrastructure expenses recoupment charge may be made and levied on the bases MEDQ considers appropriate. See also section 117 in relation to the recovery of the charge. (sec.116D-ssec.2) Without limiting subsection (1) , MEDQ may— fix a minimum amount of the charge; or decide whether a discount for payment of the charge applies and the amount and terms of any discount. (sec.116D-ssec.3) However, an infrastructure expenses recoupment charge may be increased by no more than the rate, and only at the intervals, stated in the authorising instrument for the charge.
- (a) fix a minimum amount of the charge; or
- (b) decide whether a discount for payment of the charge applies and the amount and terms of any discount.