Mineral and Energy Resources (Common Provisions) Regulation 2016
sec.48Cost of replacement of PL connecting infrastructure— Act , s 165
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sec.48 Cost of replacement of PL connecting infrastructure— Act , s 165
For section 165 (2) of the Act , the cost of replacement of PL connecting infrastructure must be calculated in the following way and consistent with the following principles— the cost is based on PL connecting infrastructure located in an IMA or RMA for the overlapping area; the cost is based on the cost of PL connecting infrastructure that is of the same standard and specification as the PL connecting infrastructure required to be replaced as at the date the PL connecting infrastructure is required to be replaced; if PL connecting infrastructure of the standard and specification mentioned in paragraph (b) is not available, whether for practical or regulatory reasons, the cost includes any reasonable cost attributable to the lack of availability; if the PL holder chooses to replace PL connecting infrastructure with infrastructure of an additional capacity or different specification to the PL connecting infrastructure required to be replaced, the cost excludes any cost attributable to the additional capacity or different specification; the cost includes the cost of removal and relocation of the PL connecting infrastructure; the cost is fair and reasonable; the cost is supported by documentary evidence.
- (a) the cost is based on PL connecting infrastructure located in an IMA or RMA for the overlapping area;
- (b) the cost is based on the cost of PL connecting infrastructure that is of the same standard and specification as the PL connecting infrastructure required to be replaced as at the date the PL connecting infrastructure is required to be replaced;
- (c) if PL connecting infrastructure of the standard and specification mentioned in paragraph (b) is not available, whether for practical or regulatory reasons, the cost includes any reasonable cost attributable to the lack of availability;
- (d) if the PL holder chooses to replace PL connecting infrastructure with infrastructure of an additional capacity or different specification to the PL connecting infrastructure required to be replaced, the cost excludes any cost attributable to the additional capacity or different specification;
- (e) the cost includes the cost of removal and relocation of the PL connecting infrastructure;
- (f) the cost is fair and reasonable;
- (g) the cost is supported by documentary evidence.