sec.22Powerlink must include first period adjustment in revenue proposal for second period

sec.22 Powerlink must include first period adjustment in revenue proposal for second period

This section applies if— the AER amends Powerlink’s revenue determination for the first period under section 19 (2) ; and the anticipated completion date for the investment occurs after the first period has ended. Powerlink must include any first period adjustment in the forecast capital expenditure stated in its revenue proposal for the second period. For subsection (2) , the first period adjustment is the amount calculated by subtracting the actual PTI expenditure amount from the directed PTI expenditure amount. In this section— actual PTI expenditure amount means the total capital expenditure actually incurred or, if that amount is not known, the capital expenditure estimated to have been incurred, for the priority transmission investment as at the end of the first period. directed PTI expenditure amount means the forecast capital expenditure for the priority transmission investment for the first period stated in Powerlink’s application under a requirement made under section 18 (4) (b) . s 22 ins 2024 SL No. 105 s 6 (sec.22-ssec.1) This section applies if— the AER amends Powerlink’s revenue determination for the first period under section 19 (2) ; and the anticipated completion date for the investment occurs after the first period has ended. (sec.22-ssec.2) Powerlink must include any first period adjustment in the forecast capital expenditure stated in its revenue proposal for the second period. (sec.22-ssec.3) For subsection (2) , the first period adjustment is the amount calculated by subtracting the actual PTI expenditure amount from the directed PTI expenditure amount. (sec.22-ssec.4) In this section— actual PTI expenditure amount means the total capital expenditure actually incurred or, if that amount is not known, the capital expenditure estimated to have been incurred, for the priority transmission investment as at the end of the first period. directed PTI expenditure amount means the forecast capital expenditure for the priority transmission investment for the first period stated in Powerlink’s application under a requirement made under section 18 (4) (b) .

• (a) the AER amends Powerlink’s revenue determination for the first period under section 19 (2) ; and
• (b) the anticipated completion date for the investment occurs after the first period has ended.