18JContent of rate of return instrument

18J Content of rate of return instrument

18J Content of rate of return instrument

(1) If a rate of return instrument states the value of imputation credits, the instrument must state a single value to apply in relation to all regulated network service providers.

(2) If a rate of return instrument states a way to calculate the rate of return on capital or the value of imputation credits, the instrument must—

(a) provide for the same methodology to apply in relation to all regulated network service providers in calculating the rate or value; and

(b) provide for the methodology to apply automatically without the exercise of any discretion by the AER.

Example for paragraph (b)—

The instrument can not include different methodologies or a band of values from which the AER could choose in applying the instrument.

(3) Subject to subsections (1) and (2), the instrument may include other matters the AER considers appropriate.

Example—

Matters to help a regulated network service provider calculate a rate of return or the value of imputation credits.

pt 3, div 1B, sdivs 1–5 (ss 18F–18Y): Ins 2018 No 33, sec 6.