sec.111Withdrawn councils’ user-pays fees for 2012–13 financial year

sec.111 Withdrawn councils’ user-pays fees for 2012–13 financial year

For section 68(1) and (4), a withdrawn council is taken to become a scheme participant when this section commences. For section 69— the amended budget under section 110 must be taken into account; and the forecasted costs of the withdrawn council as a scheme participant for the 2012–13 financial year are its share of Allconnex’s likely relevant performance costs under subsection (3). The share is the withdrawn council’s share of participation rights under its participation agreement with Allconnex under the South-East Queensland Water (Distribution and Retail Restructuring) Act 2009 immediately before the retransfer under that Act. In this section— 2012–13 financial year means the financial year beginning on 1 July 2012 and ending on 30 June 2013. s 111 ins 2012 No. 1 s 84 (sec.111-ssec.1) For section 68(1) and (4), a withdrawn council is taken to become a scheme participant when this section commences. (sec.111-ssec.2) For section 69— the amended budget under section 110 must be taken into account; and the forecasted costs of the withdrawn council as a scheme participant for the 2012–13 financial year are its share of Allconnex’s likely relevant performance costs under subsection (3). (sec.111-ssec.3) The share is the withdrawn council’s share of participation rights under its participation agreement with Allconnex under the South-East Queensland Water (Distribution and Retail Restructuring) Act 2009 immediately before the retransfer under that Act. (sec.111-ssec.4) In this section— 2012–13 financial year means the financial year beginning on 1 July 2012 and ending on 30 June 2013.

• (a) the amended budget under section 110 must be taken into account; and
• (b) the forecasted costs of the withdrawn council as a scheme participant for the 2012–13 financial year are its share of Allconnex’s likely relevant performance costs under subsection (3).