sec.28Regulation-making power in relation to financial matters associated with priority transmission investments

sec.28 Regulation-making power in relation to financial matters associated with priority transmission investments

A regulation may— require Powerlink to include particular amounts associated with a priority transmission investment in a revenue proposal by Powerlink; or enable the responsible Ministers to direct Powerlink to— apply to the AER for the AER to amend Powerlink’s revenue determination to account for a priority transmission investment; or include particular amounts associated with a priority transmission investment in a revenue proposal by Powerlink; or apply to the AER for the AER to adjust the value of Powerlink’s regulatory asset base by particular amounts to account for a priority transmission investment; or require Powerlink to give information about a priority transmission investment, candidate priority transmission investment or eligible priority transmission investment to a particular entity, including the AER, for the purposes of an application or revenue proposal made acting under— a requirement under paragraph (a) ; or a direction mentioned in paragraph (b) ; or provide for particular action to be taken by the AER in relation to Powerlink’s revenue determination, regulatory asset base or revenue proposal if Powerlink acts under— a requirement under paragraph (a) ; or a direction mentioned in paragraph (b) . In subsection (1) (a) and (b) (ii) , a reference to particular amounts associated with a priority transmission investment includes a reference to expenditure on the investment, whether before or after the commencement, while the investment is in the form of— a candidate priority transmission investment; or an eligible priority transmission investment; or a project that is later prescribed under section 20 as an eligible priority transmission investment. In subsection (1) (b) (i) and (iii) , a reference to accounting for a priority transmission investment includes a reference to accounting for expenditure on the investment, whether before or after the commencement, while the investment was in a form mentioned in subsection (2) (a) , (b) or (c) . In this section— revenue determination has the meaning given by the National Electricity Rules. s 28 amd 2025 No. 31 s 73 sch 1 (sec.28-ssec.1) A regulation may— require Powerlink to include particular amounts associated with a priority transmission investment in a revenue proposal by Powerlink; or enable the responsible Ministers to direct Powerlink to— apply to the AER for the AER to amend Powerlink’s revenue determination to account for a priority transmission investment; or include particular amounts associated with a priority transmission investment in a revenue proposal by Powerlink; or apply to the AER for the AER to adjust the value of Powerlink’s regulatory asset base by particular amounts to account for a priority transmission investment; or require Powerlink to give information about a priority transmission investment, candidate priority transmission investment or eligible priority transmission investment to a particular entity, including the AER, for the purposes of an application or revenue proposal made acting under— a requirement under paragraph (a) ; or a direction mentioned in paragraph (b) ; or provide for particular action to be taken by the AER in relation to Powerlink’s revenue determination, regulatory asset base or revenue proposal if Powerlink acts under— a requirement under paragraph (a) ; or a direction mentioned in paragraph (b) . (sec.28-ssec.2) In subsection (1) (a) and (b) (ii) , a reference to particular amounts associated with a priority transmission investment includes a reference to expenditure on the investment, whether before or after the commencement, while the investment is in the form of— a candidate priority transmission investment; or an eligible priority transmission investment; or a project that is later prescribed under section 20 as an eligible priority transmission investment. (sec.28-ssec.3) In subsection (1) (b) (i) and (iii) , a reference to accounting for a priority transmission investment includes a reference to accounting for expenditure on the investment, whether before or after the commencement, while the investment was in a form mentioned in subsection (2) (a) , (b) or (c) . (sec.28-ssec.4) In this section— revenue determination has the meaning given by the National Electricity Rules.