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National Electricity (NSW) Law
18VApplication of instrument
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18V Application of instrument
18V Application of instrument
(1) A rate of return instrument—
(a) applies for the purposes of an AER economic regulatory decision made after the commencement of the instrument; and
(b) does not affect an AER economic regulatory decision made before the commencement of the instrument.
(2) To remove any doubt, it is declared that the application of the instrument under this Law, including, for example, in making a distribution determination or transmission determination, is an AER economic regulatory function or power.
pt 3, div 1B, sdivs 1–5 (ss 18F–18Y): Ins 2018 No 33, sec 6.