51Amendment or revocation of feed-in tariff rate determinations

51 Amendment or revocation of feed-in tariff rate determinations

(1)  The Regulator may amend or revoke under section 44G(4) of the Act a feed-in tariff rate determination if the Regulator is of the opinion –

(a) that the determination was made on the basis of information that was false or misleading in a material particular; or

(b) that there is a material error in the determination; or

(c) that –

(i) an electricity entity or authorised retailer is materially adversely affected by the determination as a result of an event which is beyond the entity's or retailer's reasonable control and which was not taken into account in the terms of the determination; and

(ii) the benefits of amending or revoking the determination would outweigh any detriment to the electricity supply industry that might result from the amendment or revocation of the determination.

(2)  An amendment or revocation under section 44G(4) of the Act of a feed-in tariff rate determination takes effect on the date specified in the amendment or revocation.

(3)  Regulation 48 applies in relation to an amendment or revocation under section 44G(4) of the Act of a feed-in tariff rate determination as if the amendment or revocation were a feed-in tariff rate determination.

(4)  A distributor is to take all reasonable steps to notify each authorised retailer that retails electricity on mainland Tasmania of the making of an amendment or revocation under section 44G(4) of the Act.