16APassing through efficient costs in price determinations

#### 16A Passing through efficient costs in price determinations 16A Passing through efficient costs in price determinations > > (1) The portfolio Minister for a government agency may direct the Tribunal, when it makes a determination of the maximum price for a government monopoly service provided by the agency, to include in the maximum price an amount representing the efficient cost of complying with a specified requirement imposed on the agency. > > > (2) The portfolio Minister for a government agency may direct the Tribunal, when it makes a determination of the methodology for fixing the maximum price for a government monopoly service provided by the agency, to include in the methodology a factor representing the efficient cost of complying with a specified requirement imposed on the agency. > > > (3) Such a requirement may only be a requirement imposed by or under a licence or authorisation, a requirement imposed by a ministerial direction under an Act, or some other requirement imposed by or under an Act or statutory instrument. > > > (3A) A portfolio Minister may give a direction to the Tribunal under this section only if— > > > > > (a) the portfolio Minister has consulted with the Tribunal on the proposed direction before giving the direction, and > > > > > (b) the Minister administering this Act has approved the direction. > > > (4) The Tribunal is required to comply with a direction under this section. > > > (5) In its report, the Tribunal is required to set out the terms of the direction and to include an explanation of the manner in which it has complied with the direction. > > **s 16A:** Ins 2000 No 60, Sch 3.1 \[15\]. Am 2010 No 119, Sch 1.18.