44GCost recovery

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).