sec.300Fixing electrical safety contribution for each distribution entity for financial year

sec.300 Fixing electrical safety contribution for each distribution entity for financial year

The method for working out the amount of the electrical safety contribution payable by each distribution entity for a financial year is as follows— the regulator decides the premises figure for each distribution entity the regulator works out the total premises figure the regulator works out the unit contribution amount for the financial year the regulator works out the amount of the electrical safety contribution payable by each distribution entity for the financial year by multiplying the premises figure for the distribution entity by the unit contribution amount for the financial year. In this section— premises figure , for a distribution entity for a financial year, means a figure that is a fair estimate of the average number of retail premises for the distribution entity for the previous financial year. total contribution amount , for a financial year, means the amount notified, for the financial year, by gazette notice. total premises figure , for a financial year, means the total of the premises figures for all distribution entities for the financial year. unit contribution amount , for a financial year, means the total contribution amount for the financial year divided by the total premises figure. (sec.300-ssec.1) The method for working out the amount of the electrical safety contribution payable by each distribution entity for a financial year is as follows— the regulator decides the premises figure for each distribution entity the regulator works out the total premises figure the regulator works out the unit contribution amount for the financial year the regulator works out the amount of the electrical safety contribution payable by each distribution entity for the financial year by multiplying the premises figure for the distribution entity by the unit contribution amount for the financial year. (sec.300-ssec.2) In this section— premises figure , for a distribution entity for a financial year, means a figure that is a fair estimate of the average number of retail premises for the distribution entity for the previous financial year. total contribution amount , for a financial year, means the amount notified, for the financial year, by gazette notice. total premises figure , for a financial year, means the total of the premises figures for all distribution entities for the financial year. unit contribution amount , for a financial year, means the total contribution amount for the financial year divided by the total premises figure.

• • the regulator decides the premises figure for each distribution entity
• • the regulator works out the total premises figure
• • the regulator works out the unit contribution amount for the financial year
• • the regulator works out the amount of the electrical safety contribution payable by each distribution entity for the financial year by multiplying the premises figure for the distribution entity by the unit contribution amount for the financial year.