54Review and remake of revenue determination for errors—the Act, s 40

54 Review and remake of revenue determination for errors—the Act, s 40

54 Review and remake of revenue determination for errors—the Act, s 40

(1) The regulator may review and remake a revenue determination to the extent necessary to correct—

(a) a material error, misdescription or miscalculation, or

(b) an error resulting from the provision of false or materially misleading information to the regulator.

(2) Before reviewing or remaking a revenue determination under subclause (1), the regulator must consult the following—

(a) the network operator,

(b) the consumer trustee,

(c) the infrastructure planner,

(d) other persons the regulator considers appropriate.

(3) This clause does not require the regulator to review or remake a revenue determination because of a change to a forecast or assumption relied on by the regulator to make the revenue determination.

cl 54: Ins 2022 (382), Sch 1[9].