39APreparation and publication of annual budget

39A Preparation and publication of annual budget

[Section 39A Inserted by No. 40 of 2004, s. 25, Applied:01 Jan 2005]

(1)  Before 31 March in each calendar year, the Ombudsman is to prepare and publish a budget in respect of the costs of administering this Act for the financial year commencing on the next following 1 July.

(2)  The budget is to be prepared by the Ombudsman –

(a) in accordance with the budget guidelines; and

(b) in consultation with all energy entities.

(3)  The budget is to specify –

(a) the portion of the costs of administering this Act to be borne by each energy entity; and

(b) the period within which, or the times at which, each energy entity is to pay that portion of the costs; and

(c) the manner in which each energy entity is to pay that portion of the costs.

(4)  For the purposes of subsection (1) , the Ombudsman is to publish the budget by –

(a) [Section 39A Subsection (4) amended by No. 20 of 2013, s. 42, Applied:20 Jun 2013] providing a copy of the budget to the Regulator and each energy entity; and

(b) publishing the budget in the Gazette.