Electricity Supply Industry Act 1995
43Approval of tariffs, charges and conditions for Bass Strait Islands customers
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43 Approval of tariffs, charges and conditions for Bass Strait Islands customers
[Section 43 Substituted by No. 9 of 2012, s. 17, Applied:01 Jul 2012]
(1) A tariff, charge or condition may not be fixed under section 42(1) , and an amendment of a tariff, charge or condition may not be made under section 42(4) , unless –
(a) a draft of the tariff, charge or condition, or a draft of the amendment of the tariff, charge or condition, has been approved by the Regulator under subsection (3) ; and
(b) the tariff, charge or condition fixed, or the draft amendment made, is in the same terms as the draft of the tariff, charge or condition, or the draft amendment of the tariff, charge or condition, approved by the Regulator under subsection (3) .
(2) A Bass Strait Islands tariff retailer may submit to the Regulator a draft tariff, charge or condition or a draft amendment of a tariff, charge or condition.
(3) If a draft tariff, charge or condition, or a draft amendment of a tariff, charge or condition, is submitted to the Regulator under subsection (2) , the Regulator must –
(a) approve, without modification, the draft tariff, charge or condition or the draft amendment of the tariff, charge or condition; or
(b) approve, with modification, the draft tariff, charge or condition or the draft amendment of the tariff, charge or condition; or
(c) refuse to approve the draft tariff, charge or condition or the draft amendment of the tariff, charge or condition.