National Electricity (NSW) Law
18UReview and replacement of instrument
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18U Review and replacement of instrument
18U Review and replacement of instrument
(1) The AER must—
(a) review each rate of return instrument; and
(b) make a new rate of return instrument under this Division to replace the reviewed instrument.
(2) The AER must replace the reviewed instrument by publishing the new instrument on its website on the day that is—
(a) the fourth anniversary of the day the reviewed instrument was published; or
(b) if the day mentioned in paragraph (a) is not a business day—the first business day after that day.
pt 3, div 1B, sdivs 1–5 (ss 18F–18Y): Ins 2018 No 33, sec 6.