NTIn ForceAct
Electricity Reform Act 2000
44GCost recovery
Start here
Get a plain-English read of 44G
Turn the raw legal text into a practical explanation grounded in Electricity Reform Act 2000.
44G Cost recovery
(1) The Utilities Commission may determine a scheme for the recovery
of costs incurred by the retailer of last resort arising from its
appointment under section 44D.
(2) A cost recovery scheme determined under subsection (1):
(a) may require the network provider to reimburse the costs of the
retailer of last resort; and
(b) must only allow recovery of costs to the extent they are not
otherwise recovered through tariffs and charges the retailer of
last resort receives from supplying electricity to transferred
Note for subsection (2)
See also Chapter 6 of the National Electricity (NT) Rules.
(3) The retailer of last resort cannot recover costs incurred in relation to
its appointment under section 44D except in accordance with the
scheme determined under subsection (1).
Electricity Reform Act 2000 36
(4) The regulations may require the retailer of last resort to pay the
costs incurred by an insolvency official of a failed retailer in
complying with its obligations under this Division, including to pay
for any compensation required by a regulation prescribed under
section 44J.
(5) An amount paid in accordance with a requirement of the regulations
may be recoverable under the scheme determined under
subsection (1).