43ARegulator may charge for certain expenses

43A Regulator may charge for certain expenses

[Section 43A Inserted by No. 9 of 2012, s. 17, Applied:01 Jul 2012]

(1)  [Section 43A Subsection (1) amended by No. 5 of 2013, s. 15, Applied:01 Jun 2013] The Regulator may send a notice to a regulated offer retailer specifying –

(a) the amount of the reasonable expenses incurred by the Regulator in –

(i) [Section 43A Subsection (1) amended by No. 5 of 2013, s. 15, Applied:01 Jun 2013] determining under section 41 whether to approve a standing offer price or an amendment of a standing offer price; and

(ii) [Section 43A Subsection (1) amended by No. 5 of 2013, s. 15, Applied:01 Jun 2013] ensuring compliance by the regulated offer retailer with section 40 ; and

(iii) [Section 43A Subsection (1) amended by No. 5 of 2013, s. 15, Applied:01 Jun 2013] [Section 43A Subsection (1) amended by No. 13 of 2015, s. 66, Applied:01 Jul 2015] performing the Regulator's functions, and exercising his or her powers, under the Act in respect of the regulation of the provision of services and the sale of electricity under standard retail contracts with the regulated offer retailer; and

(b) [Section 43A Subsection (1) amended by No. 5 of 2013, s. 15, Applied:01 Jun 2013] the date on or before which the expenses are to be paid by the regulated offer retailer.

(2)  [Section 43A Subsection (2) amended by No. 5 of 2013, s. 15, Applied:01 Jun 2013] [Section 43A Subsection (2) amended by No. 5 of 2013, s. 15, Applied:01 Jun 2013] A date specified in a notice to a regulated offer retailer under is not to be earlier than 30 days after the notice is sent to the regulated offer retailer.