sec.69AMeaning of establishment and operational costs

sec.69A Meaning of establishment and operational costs

The establishment and operational costs , for the hub transmission network for a regional energy hub, are the costs reasonably and prudently incurred by the transmission network service provider for providing the transmission network. For subsection (1) — it does not matter whether the costs are incurred before or after the hub declaration for the regional energy hub was made; and subject to paragraph (c) , costs incurred by the transmission network service provider for any of the following matters are taken to be incurred for providing the hub transmission network— preparing a management plan in the service provider’s capacity as a hub design body; constructing, maintaining and operating the transmission network; any other function under this part in relation to the transmission network, including a function performed in the service provider’s capacity as a hub design body; and costs incurred by the transmission network service provider for performing functions for which application fees and charges are payable are taken not to be incurred for providing the hub transmission network. Also, in this section, a reference to costs incurred by the transmission network service provider is taken to be a reference to any costs, expenses or other financial outgoings incurred by the service provider, including, for example— payments to investors to provide a return on capital; and depreciation of assets; and government taxes, fees or charges; and fees for legal, financial, technical or other expert advice. advice from AEMO s 69A ins 2025 No. 30 s 47 (sec.69A-ssec.1) The establishment and operational costs , for the hub transmission network for a regional energy hub, are the costs reasonably and prudently incurred by the transmission network service provider for providing the transmission network. (sec.69A-ssec.2) For subsection (1) — it does not matter whether the costs are incurred before or after the hub declaration for the regional energy hub was made; and subject to paragraph (c) , costs incurred by the transmission network service provider for any of the following matters are taken to be incurred for providing the hub transmission network— preparing a management plan in the service provider’s capacity as a hub design body; constructing, maintaining and operating the transmission network; any other function under this part in relation to the transmission network, including a function performed in the service provider’s capacity as a hub design body; and costs incurred by the transmission network service provider for performing functions for which application fees and charges are payable are taken not to be incurred for providing the hub transmission network. (sec.69A-ssec.3) Also, in this section, a reference to costs incurred by the transmission network service provider is taken to be a reference to any costs, expenses or other financial outgoings incurred by the service provider, including, for example— payments to investors to provide a return on capital; and depreciation of assets; and government taxes, fees or charges; and fees for legal, financial, technical or other expert advice. advice from AEMO